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TCS on LRS rules changed: TCS Rates, Limits for Credit Card, Foreign Tours, Medical, Education Here

TCS on LRS rules changed: TCS Rates, Limits for Credit Card, Foreign Tours, Medical, Education Here
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Date Extended; 20% TCS On Foreign Tour Spend From Oct, No TCS On Credit Card Spends

Currently, overseas tour packages and LRS spending above Rs 7 lakh attract 5 per cent TCS. ....

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Important changes w.r.t Liberalised Remittance Scheme (LRS) and Tax Collected at Source (TCS)

New Delhi: In the Budget this year, certain changes were announced to the system of Tax Collection at Source (TCS) on payments under the Liberalised Remittance Scheme (LRS) and on overseas tour program packages. These were to take effect from 1st Jul ....

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Overseas spending using credit cards not to attract Tax Collected at Source: Finance Ministry

Overseas spending using credit cards not to attract Tax Collected at Source: Finance Ministry
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

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TCS at 20%: FinMin clarifies tax deduction on foreign spending via credit cards for payments up to Rs 7 lakh

The ministry also stated that existing beneficial TCS treatment for education and health payments will also continue. ....

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