Further, the threshold limit for TCS with respect to the remittances made under the Liberalised Remittance Scheme (LRS) has ...

The increase in threshold from Rs 7 lakh to Rs 10 lakh for collecting TCS is expected to benefit the travel and foreign ...

Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD ...

Budget 2025 has proposed higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS). The new ...

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

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

In the latest Budget, the finance minister made no changes to Long-Term Capital Gains (LTCG) and Short-Term Capital Gains ...

Indian investors can easily invest in Nvidia, Tesla, and other US stocks through the Liberalised Remittance Scheme. The RBI, in a notification, said it has reviewed the extant guidelines on LRS ...

The existing TCS was applied specifically to remittances exceeding Rs 7 Lakh under the LRS. Besides this, the government has ...

Finance Minister Nirmala Sitharaman announced a threshold increase of tax collected at source on remittances to Rs 10 lakh ...

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

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