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20% TCS from October 1: No TCS on credit card but forex card could save more during international trips; know how

From October 1, 2023, forex cards will attract at 20% if the user loads over Rs 7 lakh on the card in a financial year. There is no TCS on international credit cards. Does it mean that credit cards will be a better option than forex cards while travelling abroad? Read carefully to find out ....

Vinay Bagri , Nishant Pitti , Amit Singhania , Sudarshan Motwani , Shardul Amarchand Mangaldas Co , Equitas Small Finance Bank , Bank Multi , From October , Shardul Amarchand Mangaldas , Niyo Global Zero Forex Markup , Bank Multi Currency Forex Card , Niyo Global , Tcs On Credit Card , New Tcs Rule From October , Tcs On Debit Card , Tcs On Forex Card , Tcs On Foreign Travel ,

tcs on credit card: How a forex card could save you more than a credit card during international trips

From October 1, 2023, forex cards will attract at 20% if the user loads over Rs 7 lakh on the card in a financial year. There is no TCS on international credit cards. Does it mean that credit cards will be a better option than forex cards while travelling abroad? Read carefully to find out ....

Nishant Pitti , Vinay Bagri , Amit Singhania , Sudarshan Motwani , Equitas Small Finance Bank , Shardul Amarchand Mangaldas Co , Bank Multi , From October , Shardul Amarchand Mangaldas , Niyo Global Zero Forex Markup , Bank Multi Currency Forex Card , Niyo Global , Tcs On Credit Card , New Tcs Rule From October , Tcs On Debit Card , Tcs On Forex Card , Tcs On Foreign Travel ,