Centre's Clarification On Tax On Overseas Spending Through Credit Cards

PUBLISHED ON: May 19, 2023 | Duration: 4 min, 46 sec

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Only international transactions above 7 lakh per financial year made via credit cards will be taxed at 20%. This tax collected at source will be applicable on credit card transactions above 7 lakh rupees from July 1. NDTV's Priyanshi Sharma explains.
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