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Weak rupee not a dampener for foreign tours, say airlines & travel agents

The rupee depreciated 4 paise to hit an all-time closing low of 83.41 (provisional) against the US dollar on December 13 amid a strong American currency overseas.

MC explains | 20% TCS on foreign spends: Credit card spends when overseas exempt for now, booking international flights, hotels separately can minimise tax impact

The government has clarified that standalone purchases of foreign flights or hotel stays are not considered as a purchase of an overseas tour package; they are covered under LRS.

Travel industry caught in the crossfire of India-Canada row, worry over long-term impact

For now, travel plans from Canada will be affected as tour operators anticipate cancellations. For those travelling to Canada, the impact may not be immediate, and operators hope students going to Canada will not be affected.

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