Tag: foreign exchange spending
Posted in Business
Credit card spends outside India will attract 20% TCS: How users may be impacted
May 18, 2023 Leave a Comment on Credit card spends outside India will attract 20% TCS: How users may be impacted
Spending in foreign exchange through international credit cards will be covered under the Reserve Bank of India’s liberalised remittance scheme (LRS), under which a resident…