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No TCS on remittances up to Rs 7 lakh, credit card spending overseas

India Business News: NEW DELHI: The government on Wednesday announced crucial tweaks to the proposed changes in tax collected at source (TCS) on foreign transactions inc.

ITR filing: Three changes in income tax return forms for FY 2022-23 (AY2023-24)

The income tax return (ITR) forms has been released by the Central Board of Direct Taxes (CBDT). Though there are no major changes in the ITR forms this year, however, certain small changes have been made to incorporate the changes made in the income tax laws in the Budget 2022. Read on to know more about these changes.

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