Liberalised Remittance Scheme
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The Budget Tax Move That Makes It Easier For Students To Study Abroad
Budget 2026: Finance Minister Nirmala Sitharaman reduced the tax collection at source rate to two per cent for education remittances under the Liberalised Remittance Scheme in Union Budget 2026.
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Government Exempts TCS For Remittances For Education Purposes
Education Budget 2025: The Government has also increased threshold to collect TCS on remittances under Liberalised Remittance Scheme
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Ministry's Clarification On Tax On Overseas Spending Through Credit Cards
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.
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Explained: Finance Ministry's FAQs On Remittance Scheme
The Finance Ministry has published an FAQ on its announcement that international credit card payments will come under the RBI's liberalised remittance scheme, or LRS.
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Aishwarya Rai Bachchan Questioned For 5 Hours Over Alleged Forex Violations
Actor Aishwarya Rai Bachchan left the Enforcement Directorate's Delhi offices Monday night after being questioned for over five hours in connection with alleged forex violations related to the 'Panama Papers'.
-
The Budget Tax Move That Makes It Easier For Students To Study Abroad
Budget 2026: Finance Minister Nirmala Sitharaman reduced the tax collection at source rate to two per cent for education remittances under the Liberalised Remittance Scheme in Union Budget 2026.
-
Government Exempts TCS For Remittances For Education Purposes
Education Budget 2025: The Government has also increased threshold to collect TCS on remittances under Liberalised Remittance Scheme
-
Ministry's Clarification On Tax On Overseas Spending Through Credit Cards
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.
-
Explained: Finance Ministry's FAQs On Remittance Scheme
The Finance Ministry has published an FAQ on its announcement that international credit card payments will come under the RBI's liberalised remittance scheme, or LRS.
-
Aishwarya Rai Bachchan Questioned For 5 Hours Over Alleged Forex Violations
Actor Aishwarya Rai Bachchan left the Enforcement Directorate's Delhi offices Monday night after being questioned for over five hours in connection with alleged forex violations related to the 'Panama Papers'.
