The Indian Budget 2023 presented several noteworthy policies, initiatives and regulations. While the changes in income tax slabs were the highlight of the Union Budget, another notable policy was the ‘20% TCS on foreign travel’ under the Liberalised Remittance Scheme. The possible reason behind this move might be to bring […]
Tag: tcs on foreign travel bookings
Top Travel News of the Week
Here’s your weekly dose of travel updates! Check out the latest news and updates about the travel and tourism industry from around the world. 1. Implementation of 20% TCS on Foreign Travel Bookings Postponed till October 1, 2023 According to the Ministry of Finance, the implementation of a higher rate […]