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No TCS on overseas card spends up to Rs 7 lakh

The government announced that credit and debit card spending up to Rs 7 lakh in a financial year will not attract the prescribed tax collected at source (TCS), a move that is expected to provide relief to citizens worried about the new rules that kick in from July.

from Times of India https://ift.tt/RsZGJUl
No TCS on overseas card spends up to Rs 7 lakh No TCS on overseas card spends up to Rs 7 lakh Reviewed by GYM LOVER KATTA�� on 17:04 Rating: 5

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