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Day: May 12, 2025

How Will TCS on Outward Remittance Affect Students & Parents in 2025?

Key Highlights Introduction Tax Collected at Source (TCS) is important for sending money abroad, especially with the Reserve Bank of India’s (RBI) Liberalised Remittance Scheme. According to income tax laws, if you send more than ₹10 lakh in a financial year, it falls under TCS rules. that can impact your taxable income. These rules change […]

CONTINUE READING How Will TCS on Outward Remittance Affect Students & Parents in 2025? 10 min read