RBI LRS: Budget 2025 Hikes TCS On Remittances Under Scheme to 10 Lakh; What Does It Mean?

Finance Minister Nirmala Sitharaman on Saturday announced to increase TCS on remittances under RBI's Liberalised remittance scheme from Rs 7 lakh to 10 lakh, in the Budget 2025.

Feb 1, 2025 - 16:30
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RBI LRS: Budget 2025 Hikes TCS On Remittances Under Scheme to 10 Lakh; What Does It Mean?
Finance Minister Nirmala Sitharaman on Saturday announced to increase TCS on remittances under RBI's Liberalised remittance scheme from Rs 7 lakh to 10 lakh, in the Budget 2025.

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Subhashree Hi, This is Subhi. Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!