Paypal receiving limit increased to $3000 for indians

Finally paypal increased the receiving limit for indian users from $500 to $3000 today.  Few months back paypal limits all the indian paypal users to receive only $500 in a single transaction.

Dear XXXXX XXXX,

We are 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.