TCS Exemption for Rs 7 Lakh International Card Spend Expected in Interim Budget

Last updated: 21 November 2023

Anticipated Tax Relief: Government Set to Exempt Overseas Card Spending from TCS Up to ₹7 Lakh In a significant move, the government is poised to announce a potential exemption from tax collected at source (TCS) on overseas credit and debit card spending, with an individual limit of up to ₹7 lakh

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Category Income Tax   Report

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