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20% TCS on excess expenditure while traveling abroad from Oct 1
At present this TCS rate is only 5 percent. Till now no TCS is levied on LRS transfer up to Rs 7 lakh in a financial year
Ajay Mohan
Last Updated : September 29, 2023, 15:47 IST
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Published: September 29, 2023, 15:47 IST
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20% TCS on excess expenditure while traveling abroad from Oct 1
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