https://www.cnbctv18.com/personal-finance/tcs-rules-new-october-1-changes-lrs-international-expense-checklist-what-gets-costly-17915631.htm
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Beginning October 1, 2023, any remittance or sum of remittances exceeding Rs 7 lakh for purposes other than medical and educational will incur tax collection at source (TCS) of 20 percent. Individuals engaging in international financial activities must stay i…
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