All you want to know about TCS on Foreign Remittances applicable from Today

The new income tax rule introduced on foreign exchange transactions, which was supposed to be effective from April 1, 2020, was extended till October 1, 2020, and has also been amended. Those making foreign remittances need to pay attention to their tax collected at source (TCS) liability from next month as a key tax provision […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2HEQjXe