#Foreign Remittance

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A person filling out a foreign currency remittance form at a bank counter, representing TCS collected on outward remittances under LRS

TCS on Foreign Remittances Under LRS: What's Changed and What It Costs You

Sending money abroad for education, travel, or investment now means TCS at very different rates depending on why. Here's what applies, and how it comes back.

29 July 20265 min read