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 ...

The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to Rs 10 lakh.

Large foreign travel spends will attract higher upfront tax payments. Those funding education through loans get relief. TCS paid can be claimed later as a tax credit. The revised limits aim to ease ...

The recent changes in capital gains taxation have introduced parity between domestic and international assets, thereby leveling the playing field for Indian investors.

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

The threshold to collect tax at source on remittances under RBI’s liberalised remittance scheme (LRS) is proposed to be ...

Budget 2025 proposes increasing threshold limits for tax deducted at source (TDS) across various income categories, ...

Budget 2025 simplifies tax rules and provides major relief to taxpayers. The new tax slabs, second-home exemption, senior ...

India's Union Budget 2025-2026 is designed to boost short-term consumption, according to an official of LuLu <a target=_blank href= ...

The Budget removes TCS on remittances up to ₹10 lakh for foreign education when funded by loans, while retaining a 5% TCS for ...

Finance Minister Nirmala Sitharaman on Saturday proposed to increase the threshold of tax collected at source (TCS) on ...