FAQs w.r.t. TCS on foreign remittance through Liberalised Remittance Scheme

Last updated: 19 May 2023

The e-Gazette notification dated May 16, 2023 omits Rule 7 of the FEM(CAT) Rules, 2000. Here are the Frequently Asked Questions (FAQs)w.r.t. Tax Collection at Source (TCS) on foreign remittance through the Liberalised Remittance Scheme. Part A. Some clarifications on Tax Collection at Source

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