20% TCS on Foreign Spending

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In this episode of Ask Basant, we discuss why TCS on remittances for booking overseas travel packages will increase from the existing 5% to 20%. This rule will be effective from July 1, 2023. Budget 2023 has raised TCS for foreign remittances under the LRS from the existing 5% to 20% (barring education and medical purposes)

Ask Basant Get Your Stock Analysed 18 May 2023

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Stock users will definitely boycott bjp in 2024 vote🙆🙆🤣🤣

asfanasfan

Sab pe tax laga do, agar unemployed hai to uske upper bhi tax laga do 10%

SuyogM

Sir please say why polycab is better than ur opinion on Ion exchange
Nabendu DasGupta from Kolkata

Nabendu_DasGupta

Sir In which smallcase should i invest small cap or vision 2030

praveenagarwal

Boycott bjp boycott modi is truly unfair if parents hard earned money is just going in taxes...abhi aur kitna paisa chahiye ye chor ku

hasnainsabur

Its too bad.. i spend crores for my business. If the charges went to 20%. My profits will be covered in that fees.

praveensaka

Sir mereko fee jam krni thi university ko, to mene apne account me mga or inhone tax leliy

helpmeout-navkantsharma

if this rule applicable
next time i don't vote BJP government,

USA to India transfer funds very easy but India to USA 20% tcs ??

iam very disappointed this rule on BJP government.

universeinfinity

If they remove the 20% TCS tax, only then will I vote for BJP? yaar meri masters ki koishe khatam hona wala hai kya?

kalingradirish

Too much shit we dealing with this modi govt .. 5 trillion economy public ka tax se h bana chahte hai modi ji

traderfortravels

Sala tax on spending also ... And refund comes in 9 months

seekertales

Currency exchange pe bhi tax lagega kya?

AjayKumar-cgvc

hii sir, will i need to pay 20% tcs for remittance towards gift exceed 7lakh per annum? or every transaction is it 20% ?

chandrugamer

Pet me dard jayda ho gaya inko agar bachcha out side study kar raha hai to inko problem kya hai khud to kuch help karenge nahi 😂😂 nichodo kidhar se bhi mile

VinodMishra-nces

sarkaar har tarah se khaane mein lage hui hai.

Iphonedeals

इसमें तो कोई खास प्रॉब्लम नहीं है, हो हल्ला ज्यादा ही हो रहा है।

ParamhansaYoganandaji

Fantastic step by Central govt, Either,
"Colonial Patent " will be abolished in the log run if Rich people 's Childern gone for foreign education after 420 kamai of Parents, Children 's living expenses will be taxed, Neither Lots of 420 Rich people , specially belongs to politics or, Business main
Will be under Scanner . Govt Revenue sud come from 420 Rich people . Not affected Richer or Richest people , because they dont bother such expenses. Govt 's Revenue generation help Middle class & poor

BBS_z

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