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Amendments approved for mixed-use building in Downtown Moncton

TCS on foreign remittances from October 1: New 20% TCS from October 1, 2023: Be ready for a cash crunch if you invest in international stocks; how to reduce TCS impact

​​TCS on foreign remittances from October 1, 2023: The Budget 2023 hiked TCS on foreign remittances of more than Rs 7 lakh through the LRS to 20% for investments in overseas assets, real estate, bonds, foreign company stocks, etc. The higher rate comes into effect on October 1, 2023. If you directly invest in international stocks, you should know how the new TCS rule is going to impact your investment from tomorrow.

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