Govt clarifies how TCS will be applicable on flight tickets hotel bookings during international trips hostel expenses other foreign remittances

Earlier this week, the ministry said that there will be TCS on foreign remittances of up to Rs 7 lakh per financial year. Further, it also added that the increased rates TCS will come into effect from October 1, 2023

from Tax-Wealth-Economic Times https://ift.tt/hkHKzL2