Iran-Israel war: TCS, Infosys defer trips to Middle East amid rising tensions, issue advisories to employeesIran-Israel war: TCS has suspended all incoming and outgoing travel to and from the Middle East region, including transit routes, citing ai...
02 Mar, 2026, 08.38 AM IST
More funds for international trips as Union Budget boosts TCS limit for foreign remittancesThe rise in the Tax Collection at Source (TCS) exemption limit on foreign remittances from Rs 7 lakh to Rs 10 lakh will provide extra funds...
02 Feb, 2025, 12.46 PM IST
Union Budget: TDS relief for small taxpayers, TCS boost for international tripBudget 2025 proposes increasing threshold limits for tax deducted at source (TDS) across various income categories, benefiting small taxpay...
02 Feb, 2025, 12.10 PM IST
Debit card or credit card: Which one should you use on international trip to save on forex, ATM charges, TCS?Debit card vs credit card: The first thing to keep in mind is that using a debit card means spending the money in your account. Credit card...
18 Dec, 2023, 12.59 PM IST
New 20% TCS rule from October 1, 2023: 4 tips to bring down TCS to zero during your next international trip20% TCS on overseas tour package: When you book, offline or online, overseas tour packages, offline or online, of more than Rs 7 lakh in a ...
13 Oct, 2023, 11.54 AM IST
TCS rules, special FD deadlines, LIC campaign late date: 7 big money changes in October 2023Here is a list of seven money changes in October 2023 that can have an impact on your financial matters.
03 Oct, 2023, 01.15 PM IST
20% TCS from October 1, 2023: How a forex card could save you more than a credit card during international tripsTCS on forex payments: From October 1, 2023, forex cards will attract at 20% if the user loads over Rs 7 lakh on the card in a financial ye...
25 Sep, 2023, 03.06 PM IST
300% hike in TCS from July 1, 2023: How it will impact foreign investments, international trips, credit card spends abroadGet ready to shell out more from next month as Budget 2023 has increased Tax Collection at Source (TCS) on foreign remittance through the L...
14 Sep, 2023, 11.59 AM IST
3 ways to avoid the 20% TCS on overseas tour packages effective July 1, 2023Starting from July 1, 2023, a tax collected at sources (TCS) of 20 per cent will apply to overseas tour packages. If you are planning to ta...
27 Jun, 2023, 02.00 PM IST
Using prepaid forex cards? Still no clarity on 20% TCSAt present, foreign currency and prepaid forex cards up to Rs 7 lakh accessed through these RBI-authorised facilities for international tra...
27 May, 2023, 11.59 AM IST
Travel industry seeks removal of 20% TCS on overseas packages"The TCS should be completely abolished or should be kept at a notional rate of 0.1% which will still meet the government objective of chec...
22 May, 2023, 11.33 PM IST
Clarity needed on TCS levy on credit card payments, distinction between biz/personal visits: Tax expertsEY India, National Tax Leader, Sameer Gupta said since the object of the increase in TCS rate on LRS transactions is to address cases of di...
22 May, 2023, 08.54 PM IST
Credit card forex payments under LRS: You have to pay 20% TCS on these transactions from July 1, 2023Credit card spending in a foreign currency will now be a part of LRS's annual limit of $2,50,000 per person. Further, it will be subject to...
19 May, 2023, 06.14 PM IST
Govt move to impose 20% TCS on credit card spends abroad leaves holidayers in a fixThe government's decision to include international credit card spends of individuals when they travel overseas under the overall Liberalize...
19 May, 2023, 11.56 AM IST
Credit card spends in foreign currency to attract 20% TCSThe Finance Ministry has clarified that foreign currency payments such as digital subscriptions to publications or goods bought on foreign ...
19 May, 2023, 08.25 AM IST
Travelling abroad? Now, pay 20% additional TCS on international credit card spend from July 1Travel industry insiders, already reeling under the impact of the government’s move to hike TCS to 20 per cent on overseas tour packages, s...
18 May, 2023, 11.04 PM IST
Corporate Radar: Ruchira Papers to trade ex-bonus; TCS earnings & moreFurther, a couple of board meetings including that of Easy Trip, Eighty Jeweller, Gita Renewable, Medico Intercontinental, Khyati Multimedi...
10 Oct, 2022, 08.26 AM IST