Tag: remittances
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US proposes 5% tax on remittances by non-citizens – What could it mean for Indians
For many Indian families, it’s been a point of pride – and often livelihood – that their children send money back from the United...
Budget 2025: How new TCS rates will affect your foreign travel and remittances
The Union Budget 2025 has raised the threshold for tax collected at source (TCS) on remittances under the Liberalised Remittance Scheme (LRS). The limit...
