Tag: budget income tax announcements

Budget 2025: How new TCS rates will affect your foreign travel and remittances – CNBC TV18

[ad_1] The Union Budget 2025 has raised the threshold for tax collected at source (TCS) on remittances under the Liberalised Remittance Scheme (LRS). The limit has increased from ₹7 lakh to ₹10 lakh. This change will affect those sending money abroad for travel, education, and other expenses. How this affects foreign travel If your international […]

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