Guidelines on TCS for Foreign Remittances under the Liberalised Remittance Scheme (LRS)

Rashmi , Last updated: 03 July 2023  
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Introduction On June 30, 2023, the Ministry of Finance released detailed guidelines regarding the applicability of Tax Collection at Source (TCS) on various foreign remittances under the Liberalised Remittance Scheme (LRS). These guidelines clarify the threshold limit and rates for TCS, along wit

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Rashmi
(business)
Category Income Tax   Report

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