The TCS rate varies depending on the type of payment and whether the amount spent under LRS exceeds ₹7 lakh. Image: Pixabay Did you book a foreign holiday recently and have to shell out an extra 5% or ...
Salaried taxpayers can now claim the benefit of offsetting the TCS on their foreign tour packages and foreign remittances under the LRS against the TDS on their salary. October 2023-24 brought a tax ...
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