foreign remittances

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 cards under the liberalised remittance scheme (LRS), two experts said,…

For representative purposes | Photo Credit: erhui1979 The story so far: A proposal in the Union Budget to levy a higher tax on some types of remittances of funds abroad came into the limelight again this week after a notification was…