Featured New TCS rule on foreign remittance to come into effect from October 1
The Union government has announced that the new Tax Collection at Source (TCS) rates which were to come into effect from July will now come
Tag : TCS
Featured Credit card payments on foreign tours likely to come under LRS
The Finance Ministry has asked the Reserve Bank of India (RBI) to consider bringing credit card payments done during foreign tours under the central bank’s
Featured Indian travel agents in disarray over the proposed hike in TCS rate
The government’s proposed increase in the rate of Tax Collection at Source (TCS) from the present 5 per cent to 20 per cent on outbound
Featured Indian travel agents wary as ‘advance’ tax threatens business prospects
Photo Credit: Porapak Apichodilok Indian travel agents and trade associations have expressed their disappointment on the government’s budget proposal to collect five percent income tax at