The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to ...

Finance Minister Nirmala Sitharaman revised the Tax Collected at Source (TCS) rates on foreign remittances on Saturday. The ...

The threshold to collect TCS on remittances under RBI’s liberalised remittance scheme (LRS) is proposed to be raised from ₹7 ...

FM proposes to hike the TCS limit to Rs 10 lakh from Rs 7 lakh currently. The TCS is applicable to the outward foreign ...

Budget: Finance Minister Nirmala Sitharaman raised the TCS threshold on remittances under RBIs Liberalized Remittance Scheme ...

Finance Minister Nirmala Sitharaman announced in Budget 2023 that the threshold for TCS on remittances under LRS will be ...

The threshold and rate for TCS is determined under the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India (RBI). RBI has created the LRS policy for simplifying the process of sending ...

Finance Minister Nirmala Sitharaman on Saturday proposed to increase the threshold of tax collected at source (TCS) on remittances under the RBI's Liberalized Remittance Scheme to Rs 10 lakh from the ...

The threshold to collect TCS on remittances under RBI's liberalised remittance scheme (LRS) is proposed to be raised from ₹7 lakh to ₹10 lakh. She also proposed to remove TCS on remittances ...

“We proposed to increase threshold to collect TCS on RBI’s LRS scheme to Rs 10 lakh, from Rs 7 lakh currently,” Sitharaman said. Under the Liberalised Remittance Scheme, all resident ...

In a major relief for taxpayers Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for ...