3 ways to avoid the 20% TCS on overseas tour packages effective July 1 2023

Starting from July 1, 2023, a tax collected at sources (TCS) of 20 per cent will apply to overseas tour packages. If you are planning to take an international trip soon, you must understand this new rule and how you can use it in the most efficient way to save your hard-earned money. Here are the 3 ways to avoid 20% TCS during your next international trip

from Tax-Wealth-Economic Times https://ift.tt/Rf82Vtv