TCS PROVIDION EXPLAINED

TCS @ 20% from 01-10-2023 on foreign remittances: Important features ii. @ 5% on remittance for education not financed by financial institution. Note : Remittance for education shall include tickets for study abroad, tuition fee and other fee to educational institute and other day to day expenses under codes S0305 or under S1107 iii. @ …

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