Education loans taken to fund overseas studies are subject to a lower TCS of 0.5 percent, and only if the amount exceeds Rs 7 lakh. However, in the case the money is sent abroad through other sources, TCS of 5 percent will be applicable if the remitted amount exceeds Rs 7 lakh. Also, if parents send money to their children studying abroad for purposes other than education, the amount will attract TCS at a higher rate.
Going for higher studies in universities like Harvard, Cambridge, Stanford, Oxford, MIT and so on is the aspiration held by many Indian students. However, many of them are not successful in fulfilling their aspirations as there are many hurdles in the way. We tell you what all you should consider before taking a final call on your study abroad expedition in 5 most popular destinations pursued by Indian students.
Amidst the frenzy of the academic world’s annual hunt for the perfect university, high school students and their eager parents find themselves lost in a maze of uncertainty. The burning question of ‘which university to apply to’ becomes an incessant mantra echoing through their minds. While counselors appear as beacons of hope, guiding students through […] - Newsx
Founded by IIT BHU graduates Dirghayu Kaushik, Vikrant Shivalik and Vaibhav Tyagi, Ambitio is building India s first AI admissions platform, to help applicants secure admissions in top global universities.