New Tax Rules for Foreign Remittance: Impact on Overseas Investments and Travel

TCS increased on international trips and studying abroad

TCS increased on international trips and studying abroad

Foreign remittance is the transfer of money from one country to another. It is a common practice for people who work or live abroad to send money to their families or friends back home. However, with the new tax rules coming into effect from July 1, 2022, it is important to understand how the taxation … Read more