2025年2月3日 · Sending money abroad from India? Check out our guide to TCS charged on foreign remittances, with an overview of rates and how to claim it back with your ITR.

2024年4月5日 · To avoid paying TCS when sending money abroad to your loved ones for education or medical treatment purposes, either you can send it below INR 7 lakh to avoid it altogether or consider sending money in the following ways to reduce the TCS rate:

2023年5月3日 · Here’s all you need to know about the new tax rule and how NRIs can save TCS on foreign remittance by transferring funds using an NRO account

2024年6月2日 · What is TCS? TCS, or "Tax Collected at Source", is a tax regulation that requires a tax amount to be withheld for overseas transfers under LRS. The LRS outlines the purposes for which money can be sent abroad—including education—and specifies the limits for …

TCS offices abroad The Trade Commissioner Service has more than 160 offices around the world and across Canada. Get help with export advice and guidance to help you achieve your international business goals.

2023年9月30日 · Starting October 1, 2023, significant changes are coming to the Tax Collected at Source (TCS) rates for foreign remittances in India. In this article, we’ll simplify the new regulations and provide an in-depth analysis of what these changes mean for individuals engaging in overseas transactions.

2023年10月18日 · If you are planning an overseas trip this festive season, be prepared to shell out a higher upfront cost because of the new 20 per cent tax collected at source (TCS) rule, which came into effect from October 1, 2023. TCS is a tax collected by the agent from you when you book a tour package and can be collected upfront.

2025年3月18日 · When a person remits money to a foreign country, they are required to pay a certain percentage of the amount as Tax Collected at Source (TCS). The TCS is deposited with the government and will be reflected in your Form 26AS.

2025年2月3日 · Tax Collected at Source on foreign remittances is the tax withheld when transferring money abroad under the Liberalised Remittance System (LRS). TCS is not a fee or additional income tax; rather, it is adjusted against your income tax return. 1. What is TCS on Foreign Travel? Is TCS on Foreign Travel Refundable? What is TCS on Foreign Travel?

2024年4月20日 · Discover how Tax collected at source (TCS) affects remitting money abroad under the liberalized remittance scheme (LRS).