Hey DPers, Just received an email from paypal, which was a reply for my support query, that Paypal has increased its per transaction limit from 500 USD to 3000 USD. Here is the exact quote from the email: "We are also pleased to inform you that the RBI will now allow you to receive export-related payments of up to USD 3000 per transaction into your PayPal account, effective immediately. We look forward to continuing to support your export business through our global online payment platform."
There is another thread regarding this. You can check here http://forums.digitalpoint.com/showthread.php?t=2304480
mm didnt see that thread. Have this news in Paypal's blog as well: https://www.thepaypalblog.com/2011/10/great-news-for-our-merchants-in-india/