Budget 2024: Overseas Education Remittance rules for Indian students studying abroad - Budget 2024 News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Budget 2024: The industry wants the Finance Ministry to reconsider the decision of applying TCS at such a higher rate of 20%. The rate is exceptionally high and almost punitive to the citizens who need to make foreign payments, say experts. Earlier, TCS used to be applicable at 5% when you cross the threshold of Rs 7 lakh for certain transactions.
Says secured credit cards that require a minimal amount of FD are now used as forex or travel cards and function exactly like forex prepaid cards with no document or TCS requirements
India Business News: Outward remittances by Indians in November fell to the lowest level since February 2022 due to increased tax collection at source and the introduction of the Liberalised Remittance Scheme. The decline was seen in spending on foreign travel, studies abroad, and equity investment abroad.
Secret sauce to crack the complex Indian Luxury Market businessworld.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.in Daily Mail and Mail on Sunday newspapers.