New TCS rates to apply from October 1
For the first ₹7 lakh remittance under LRS, there won't be any TCS
tcs on credit card
June 2023
May 2023
No TCS on small debit, credit card transactions abroad: Govt
Payments by an individual using their international debit or credit cards up to ₹7 lakh per year will be excluded from LRS, says Ministry of Finance
TCS on overseas bookings should be levied by card-issuing banks: MakeMyTrip
There could be a significant loss of business for the domestic travel industry, says Mohit Kabra, Group CFO, MakeMyTrip
