Searched for
TCS ON EDUCATION FEES
Why investors are ready to play in global equity leagueIndian investors are increasingly looking overseas as global markets outperform domestic equities, driven by themes like AI. While internat...
Mother’s Day 2026: Why mutual fund SIPs, emergency funds, and insurance are essential for mothersFinancial experts emphasize smart planning for mothers' future security, urging early and consistent investing. Flexi-cap and large-cap fun...
Saving of Rs 1.2 lakh instantly when sending this amount abroad, but should you wait till April 1 for this?Good news for Indian families! The Union Budget 2026 significantly reduces Tax Collected at Source (TCS) on overseas education and medical ...
Sending money from India? Here’s how same-day international money transfers for education can reach universities in as little as 6 hoursThis online platform now offers same-day international money transfers for overseas education payments, a significant improvement over prev...
International money transfer from India online: Niyo vs Thomas Cook vs BookMyForex, check the cost of transferAs more Indians relocate abroad, the demand for international money transfers is rising for various purposes like education and investments...
"Startups may face hiring challenges," says former advisor Ajay Bhutoria on $100,000 H-1B visa feeThe Trump administration introduced a US $100,000 annual fee on H-1B visas, effective September 21, 2025, impacting how US companies hire s...
TCS on sending money abroad is 20% in many cases: Will Budget 2025 reduce this to 5%?Reduce TCS on LRS in Budget 2025: Following the amendments made in the Income Tax Act, TCS on sending money abroad in specified cases attra...
The tax tweaks that you need to be aware of if you're planning to study or travel abroadThe Indian government’s Budget 2024 proposed lowering Tax Deducted at Source (TDS) on salaries, helping individuals who have paid Tax Colle...
Indians break records with $31.7 billion overseas spending in FY24; international travel biggest expenseThe Liberalised Remittance Scheme (LRS) witnessed Indians spending a record $31.7 billion overseas in FY24, up 17% from the previous year, ...
Higher TCS applies to overseas expenditure starting October 1: How will it affect your study abroad budget?Parents sending money for other living expenses will face the 20% TCS unless they can prove it is for educational purposes. To mitigate the...
New 20% TCS rule from October 1, 2023: Know TCS rates on international trips, forex payments, debit, credit card, education, foreign investmentsStarting from October 1, 2023, all overseas outward remittances, except for medical and educational purposes, over a threshold limit of Rs ...
Sending money abroad for education? Watch out for these errors to avoid 20% TCSThe higher rate of TCS will not apply to education expenses incurred abroad. But parents must be careful about the fine details of TCS whil...
Govt clarifies how TCS will be applicable on flight tickets, hotel bookings during international trips, hostel expenses, other foreign remittancesEarlier this week, the ministry said that there will be TCS on foreign remittances of up to Rs 7 lakh per financial year. Further, it also ...
TCS applicable on international remittance for education, medical treatmentThe Indian government has clarified that remittances for education and medical treatment expenses will cover associated costs like internat...
Sending money abroad for education? Pay 20% TCS from July 1 if you don't do thisBudget 2023 raised the Tax Collection at Source (TCS) rate for foreign remittances under the Liberalised Remittance Scheme (LRS) from 5 per...
No TCS on overseas spending up to Rs 7 lakh per year by credit or debit cards: GOIThe Government of India on Friday has announced that individuals making payments using their international debit or credit cards, up to Rs ...
New TCS rate from July: Sending money for children studying abroad to cost more for these expensesBudget 2023 increased tax collection at source (TCS) for foreign remittances under LRS from 5% to 20%. This will apply to foreign trips, se...
Thanks to Budget, sending money abroad will burn a bigger hole in your pocket soonWith more and more Indian students aspiring to go abroad to pursue their studies, this move may prove to be a big deterrent. For many such ...
Budget 2023: Want to send money abroad? It will cost you more nowAs per the Budget proposal, banks remitting funds overseas will have to collect tax at source at 20% without the applicability of any thres...
- TCS gifts Rs 7 lakh to child prodigy
Tata Consultancy Services (TCS) has said that it would give a package of grants worth over Rs 7 lakh to child prodigy S Chandra Sekar, the ...