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20% TCS on international card payments dropped
The Finance Ministry has also deferred to October 1, the implementation of a higher TCS of 20 per cent on expenditures made under LRS and overseas tou
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No TCS on international credit card payment under Rs 7 lakh
To avoid procedural ambiguity, it has been decided that any payments using international debit or credit card up to Rs 7 lakh per financial year will
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Higher TCS on foreign travel via cards
Citizens are already paying 20% TCS on foreign remittances made by other mode of payment like debit card or net banking
