Tag: international credit cards
Posted in Business
Confusion persists on post-Oct 1 TCS regime
New Delhi: Confusion persists over the applicability of TCS (tax collected at source) up to 20% from October 1 on foreign remittances through international credit…
Posted in Business
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…