Our company purchase foreign currency from forex dealer, & use this currency by our employee for visiting abroad country for business work.
Can TCS applicable for foreign currency
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TCS on forex
Replies (4)
TCS is not typically applicable to foreign currency purchases for business travel.
Suppose we remitted foreign currency through bank to our foreign party service provider , then is it apply
I am still not very good at Forex trading. What is TCS? I would be interested to hear specialists on this matter. I always believe it is important to rely only on verified information obtained from experienced experts. I am currently doing the same by studying various strategies. I found that Owen Jenkins explained copy trading very clearly in the article here https://investorshangout.com/what-is-copy-trading-how-to-do-it-right-18523-/, a strategy that can be more than effective in Forex if learned to apply correctly. In general, I believe that by learning to use strategies, excellent results can be achieved. I am in the process!
Appreciate the detailed explanation. Makes sense now! URL
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