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The finance ministry issued a clarification on the matter through a series of tweets. (Representational) New Delhi: While credit card spends overseas will not attract tax collected at source now…
Under the LRS, all resident individuals are allowed to remit up to USD 2,50,000 per financial year. New Delhi: Tax Collected at Source (TCS) for spending through international credit cards…
New Delhi: The government on Friday said no TCS will be levied on international spending of up to Rs 7 lakh a year by using debit or credit cards. Facing…