Union Budget 2025 revises TCS rates on foreign remittances, reducing the tax burden on students funding overseas education ...
Explore Nirmala Sitharaman's impactful quotes from Budget 2025 and her vision for India's economic growth, inclusivity, and regional development.
Union Finance Minister Nirmala Sitharaman proposed to raise the threshold of tax deducted at source (TDS) and tax collected at source (TCS) ...
The Finance Minister has proposed eliminating TCS on educational remittances if the funds are sourced from loans obtained ...
FM says tax deduction limit on interest for senior citizens doubled from Rs 50,000 to Rs 1 lakh. Annual Rs 2.40 lakh limit ...
This revision is expected to bring relief to those making smaller foreign transactions, particularly for education, travel, medical expenses, and investments. However, for remittances exceeding ₹10 ...
The existing TCS was applied specifically to remittances exceeding Rs 7 Lakh under the LRS. Besides this, the government has ...
FM proposes to hike the TCS limit to Rs 10 lakh from Rs 7 lakh currently. The TCS is applicable to the outward foreign ...
Presenting the 14th consecutive Budget under the Narendra Modi government since 2014, FM Sitharaman also proposed the ...
The modifications being made to rates and slabs will benefit all taxpayers. By drastically reducing middle-class taxes and ...
Stay up-to-date with the TCS Stock Liveblog, your trusted source for real-time updates and thorough analysis of a prominent ...
Finance Minister Nirmala Sitharaman on Saturday announced to increase TCS on remittances under RBI's Liberalised remittance ...