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Finance Ministry Pauses 20% TCS On Credit Card Payments Abroad: What You Need To Know
The government will reinstate the threshold of ₹7 lakhs per year per person for TCS on all LRS payments. No TCS will apply to the first ₹7 lakhs sent overseas under the LRS annually.
Finance Ministry Pauses 20% TCS On Credit Card Payments Abroad: What You Need To Know