FAQ soon on TCS on overseas card spends
The New Indian Express|June 10, 2023
Following a notification which brought credit card spends under LRS, concerns have been raised on how personal and business expenses would be segregated by the banks
MONIKA YADAV
FAQ soon on TCS on overseas card spends

THE government will come up with clarifications related to the 20% tax collected at source (TCS) imposed on use of credit cards for overseas transactions, Raman Chopra, joint secretary, department of revenue, ministry of finance, said on Friday.

This story is from the June 10, 2023 edition of The New Indian Express.

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This story is from the June 10, 2023 edition of The New Indian Express.

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