Upcoming Tax Rules From October 1: Here Is What Changes For Foreign Trips, Tour Packages, Debit Cards Transactions

2023 • 3min • News • Business


Published On: September 15, 2023 - Starting from October 1, 2023, new Tax Collection at Source (TCS) regulations will come into effect for various financial transactions. A 20% TCS will be applicable on investments over 7 Lakh rupee in digital assets such as cryptocurrencies or mutual funds, foreign remittances, tour packages, overseas education, and medical expenses. Join News9’s Shweta Kothari and Krishnakumar’s discussion to know about the latest TCS Regulations.