Tax Collected at Source

Onus of deducting TCS on standalone overseas hotel bookings should be on banks: MakeMyTrip

The onus of deducting TCS should be banks, in case a person makes an overseas hotel booking using the e-commerce portal of tour operators, said a senior offici...

By NewsDrum Desk

Jul 04, 2023 12:42 IST logo

2 Min read

Personal Finance

As the 20% TCS on international remittances is set to take effect, we unwrap its enigma here

By Zainab Ashraf

May 23, 2023 10:25 IST logo

2 Min read

Personal Finance

New update on 20% TCS by Finance Ministry on foreign spending via cards payments

By Shailesh Khanduri

May 22, 2023 10:11 IST logo

2 Min read

RBI Reserve Bank of india Shaktikanta Das M.K. Jain

Business

No TCS on international credit, debit cards payments up to Rs 7 lakh

By NewsDrum Desk

May 19, 2023 20:19 IST logo

1 Min read

Indian Rupee Currency Income Tax GST GDP Economy

Personal Finance

To broaden the revenue base, Income Tax Department to concentrate on high spenders

By Shailesh Khanduri

May 05, 2023 10:38 IST logo

1 Min read

Business

Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS

By NewsDrum Desk

Mar 24, 2023 14:47 IST logo

2 Min read