International Credit Card Payments Up to Rs 7 Lakh Excluded from TCS, Govt Clarifies
International debit and credit card transactions of up to Rs 7 lakh per financial year will be excluded from the limits of the Liberalised Remittance...
Tag : Liberalised Remittance Scheme (LRS)
Union Budget 2023: 20% TCS on Foreign Remittance Transactions
Finance Minister Nirmala Sitharaman has increased the tax at source (TCS) rate on foreign remittances under the Liberalised Remittance Scheme (LRS) from 5% to 20%....