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Section 206C(1G): TCS on Outward Remittance Under LRS

When it comes to international money transfers, tax compliance can feel overwhelming. Whether you’re sending money abroad for education, travel, investment, or medical treatment, understanding India’s tax laws on outward remittance is crucial. One such regulation is Section 206C(1G) of the Income-tax Act, 1961, which introduces Tax Collected at Source (TCS) on foreign remittances under […]

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