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All India Association of Authorized Money Changers & Money Transfer Agents advocates level-playing field for overseas transactions

The All-India Association of Authorized Money Changers and Money Transfer Agents has demanded inclusion of foreign currency cash, wire transfers through banks, pre-paid forex cards and other international payments into the TCS exemption ambit offered to the overseas transactions using debit and credit cards under the Liberalized Remittance Scheme (LRS). The Union Ministry of Finance […] ....

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