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tcs: Govt should consider lowering TCS on overseas tour packages to increase outbound tourism: Report

The growth in the Indian travel and tourism industry is driven by a combination of rising income levels and changing lifestyles, development of diverse tourism offerings and policy and regulatory support by the government authorities, it added. ....

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No TCS On Foreign Money Transfer Upto Rs 7 Lakh, Overseas Credit Card Use (Check Full List Of New TCS Rules) - Trak.in

No TCS On Foreign Money Transfer Upto Rs 7 Lakh, Overseas Credit Card Use (Check Full List Of New TCS Rules) - Trak.in
trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.

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How to get 5% TCS for remittances beyond ₹7 lakh

The Central Board of Direct Taxes (CBDT) has issued some important guidelines on the implementation of changes relating to TCS under the LRS and for overseas tour packages. ....

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Understanding the nuances of the recent amendments in TCS provisions

The Union budget 2023 has increased the TCS rate on foreign remittances made under LRS from the existing 5% to 20%, w.e.f. 1 July. ....

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IATO writes to PM for restoring SEIS scheme in Foreign Trade Policy - TravelBiz Monitor: India travel news, travel trends, tourism

The Indian Association of Tour Operators (IATO) President Rajiv Mehra has written to the PM requesting him to restore SEIS (Service Export Incentive Scheme) or introduce an alternative scheme in the new Foreign Trade Policy, as the inbound tourism sector is still suffering and needs hand holding by the government. Besides, IATO seeks roll back […] ....

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