![New TCS rates to apply from October 1](https://images.assettype.com/fortuneindia%2F2023-05%2F04f7dbe1-e615-44b8-9da0-698a52730a8e%2Fcredit_cards.jpg?rect=0,0,2121,1061&w=300&q=95)
New TCS rates to apply from October 1
For the first ₹7 lakh remittance under LRS, there won't be any TCS
For the first ₹7 lakh remittance under LRS, there won't be any TCS
There could be a significant loss of business for the domestic travel industry, says Mohit Kabra, Group CFO, MakeMyTrip
Credit card spends on foreign trips will now attract 20% TCS from July 1