Name: Exploring the Impact of 20% TCS on Foreign Remittance Transactions under LRS
Uploaded: 2023-05-30T13:39:09+05:30
Channel: Asefa Hafeez
Description: The Union Budget of 2023 brought significant changes and new regulations aimed at enhancing the Indian ecosystem. One noteworthy policy introduced was the imposition of a 20% Tax Collected at Source (TCS) on foreign remittance transactions under the Liberalised Remittance Scheme (LRS). In this blog, we explore the implications of this development and provide

personal finance

Exploring the Impact of 20% TCS on Foreign Remittance Transactions under LRS

The Union Budget of 2023 brought significant changes and new regulations aimed at enhancing the...

personal finance Exploring the Impact of 20% TCS on Foreign Remittance Transactions under LRS

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