Search For "liberal"
Increased tax on overseas spending under remittance scheme to be effective
Updated : 2 years, 11 months ago IST
The proposed increase in Tax Collected at Source rates which was to come into effect from July 1, will now apply from October 1, 2023.q
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Congress pays tribute to former PM PV Narasimha Rao on his birth anniversa
Updated : 2 years, 11 months ago IST
"On his birth anniversary, we remember the former PM of India, PV Narasimha Rao, who introduced some noteworthy liberal reforms to the Indian economy. Today, we pay a humble tribute to Mr Rao, a distinguished statesman who reinvented India, both at home and abroad," Indian National Congress
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Continuous killing of Sikhs in Peshawar is condemnable: BJP
Updated : 2 years, 11 months ago IST
Lashing out at "so-called liberals" inside the country, Singh said, "The so-called liberals, here, who talk about the rights of minorities, why are they silent about Pakistan? They should voice against it."
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Get IndusInd Bank Outward Remittance Services Now Through Bajaj Markets
Updated : 2 years, 12 months ago IST
Pune (Maharashtra) [India], May 29: Bajaj Markets, a subsidiary of Bajaj Finserv, in partnership with the IndusInd Bank, now offers access to the IndusInd Bank Outward Remittances service. The Liberalised Remittance Scheme (LRS) facility allows individuals to send money abroad.
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Central Asia critical to China's attempts to build alternative to US-led l
Updated : 2 years, 12 months ago IST
While the G7 leaders were preparing for their recent summit in Japan, Chinese President Xi Jinping hosted his Central Asian counterparts from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.
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United People's Party Liberal to attend new Parliament building's inaugura
Updated : 2 years, 12 months ago IST
This comes after 19 opposition parties including Congress put out a joint statement announcing a boycott of the Parliament building inauguration.
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Foreign Exchange Industry calls for clarity on proposed 20 per cent TCS: S
Updated : 2 years, 12 months ago IST
Mumbai (Maharashtra) [India], May 25: The foreign exchange Industry has expressed serious concerns about the applicability of 20 per cent Tax Collection at Source (TCS) under the Liberalized Remittance Scheme (LRS) effective from July 1, 2023. On 19th May, 2023, Ministry of Finance clarif
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Priyanka Chaturvedi urges Nirmala Sitharaman to scrap TCS, bring clarity o
Updated : 3 years ago IST
Amid the ongoing uncertainty on the issue of imposed Tax Collected at Source on the usage of international debit or credit cards during foreign travel, Rajya Sabha member Priyanka Chaturvedi wrote a letter to the Union finance minister Nirmala Sitharaman to consider scrapping or minimising s
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TCS for international card spend exempted under RBI's remittance scheme up
Updated : 3 years ago IST
The Ministry of Finance on Friday said it decided that any payments by an individual using their international debit or credit cards upto Rs seven lakh per financial year will be excluded from the RBI's Liberalised Remittance Scheme (LRS) limits and hence, will not attract any Tax Collected
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Here's what experts say about changes made in LRS for credit cards
Updated : 3 years ago IST
Tax Collected at Source (TCS) for spending through international credit cards under RBI's Liberalised Remittance Scheme on overseas tour packages and any other remittance (such as for bonds, shares, and real estate gifts) will be exempted within the annual limits of USD 250,000, the governme
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International credit card spend exempted under RBI's remittance scheme wit
Updated : 3 years ago IST
The Centre on Tuesday brought international credit card spending outside India under the Liberalised Remittance Scheme (LRS) and issued an explainer on Wednesday to clear any confusion
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20 pc tax to be collected at source from July under remittance scheme for
Updated : 3 years ago IST
Tax Collected at Source (TCS) under Liberalised Remittance Scheme for the sale of overseas tour packages and any other remittance (such as for bonds, shares, and real estate gifts) through the usage of international credit cards is set to rise from this July
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