tcs on overseas trip News and Updates from The Economic Times

Searched for

TCS ON OVERSEAS TRIP

Indian travellers worry more about forex costs than visa queues: Report
Dollar pressure, PM’s appeal may shift Indian tourists towards domestic travel: Atul Thakkar
International travel demand from India drops as West Asia tensions and weak rupee drive up costs

- Budget 2026: Lower TCS on overseas tour packages gives relief to travellers
  The Union Budget 2026 proposes significant reduction in the Tax Collected at Source (TCS) for overseas tour packages. The TCS rate on inter...
  01 Feb, 2026, 06.02 PM IST
- More funds for international trips as Union Budget boosts TCS limit for foreign remittances
  The 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
- New 20% TCS rule from October 1, 2023: 4 tips to bring down TCS to zero during your next international trip
  20% 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
- Travel firms urge govt to defer TCS on overseas trips
  Travel firms and operators in India are seeking a deferment of the October 1 deadline for a 20% tax collected at source (TCS) on spending a...
  30 Sep, 2023, 01.16 AM IST
- New 20% TCS rule from October 1, 2023: Know TCS rates on international trips, forex payments, debit, credit card, education, foreign investments
  Starting from October 1, 2023, all overseas outward remittances, except for medical and educational purposes, over a threshold limit of Rs ...
  25 Sep, 2023, 03.03 PM IST
- 300% hike in TCS from July 1, 2023: How it will impact foreign investments, international trips, credit card spends abroad
  Get 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
- No TCS on foreign remittances of up to Rs 7 lakh, credit card spending overseas; higher rates to kick in from October 1
  TCS on foreign remittances: There will be no tax collection at source (TCS) on foreign remittances of up to Rs 7 lakh per financial year, s...
  06 Jul, 2023, 02.48 PM IST
- 3 ways to avoid the 20% TCS on overseas tour packages effective July 1, 2023
  Starting 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
- You have to pay more for foreign tour packages from July 1, 2023: How to book smartly to save better
  If you are buying a foreign tour package from a travel agent, you have to pay a tax collection at source (TCS) of 20% from July 1, 2023. Bu...
  31 May, 2023, 04.09 PM IST
- Using prepaid forex cards? Still no clarity on 20% TCS
  At 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
- Govt move to impose 20% TCS on credit card spends abroad leaves holidayers in a fix
  The 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% TCS
  The 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 1
  Travel 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
- Travel cos urge government to review move to raise TCS on overseas tour packages
  "We have sent a request to CBDT on March 8 asking them to reconsider this proposal. Besides tour operators, it's going to be a losing propo...
  16 Mar, 2023, 11.19 AM IST
- Budget 2023: Be ready to shell out more for that dream trip abroad
  The increase in TCS on overseas tour packages will put domestic operators at a disadvantage, said MakeMyTrip group CEO Rajesh Magow. “It wi...
  02 Feb, 2023, 12.25 AM IST
- Overseas tour packages could get costlier for travellers
  Travel Agents Association of India (TAAI) president Jyoti Mayal said she was shocked that instead of abolishing it, the government had rais...
  01 Feb, 2023, 07.04 PM IST
Load More