Articles by CA Krishna Kumawat

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TCS on Credit Card Payments: Impact on International Transactions and How to Navigate the Changes

TCS on Credit Card Payments: Impact on International Transactions and How to Navigate the Changes

  CA Krishna Kumawat    22 May 2023 at 08:41

With the recent amendments in the Foreign Exchange Management Act (FEMA), international credit card spending now falls under the Reserve Bank of India's (RBI) Liberalised Remittance Scheme (LRS).



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