Category: Finance
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Tax-Free Sending Money from India to the USA in 2025: The Complete Guide
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In a world where every penny matters, sending money from India to the USA without losing chunks to taxes is a goal for many. Whether you’re a parent supporting a child studying abroad, a professional transferring savings, or someone gifting funds to loved ones — understanding how to navigate this tax maze is critical. This…
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TCS Threshold Limits on International Remittances Explained: Your 2025 Complete Guide to Save Smartly
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What Are TCS Threshold Limits on International Remittances? If you’re planning to send money abroad in 2025, understanding the TCS threshold limits on international remittances is a must. Think of TCS (Tax Collected at Source) as a guardrail: it ensures large foreign transactions are tracked and taxed appropriately. Under Section 206C of the Income Tax…
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TCS on Foreign Tour Packages in 2025: Essential Guide to Plan Smartly and Save More
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Planning your next international vacation? If you’ve got your sights set on exploring Europe, Southeast Asia, or the US, there’s a critical financial detail you shouldn’t overlook: TCS on foreign tour packages. With recent changes to tax laws in India, this small acronym could have a big impact on your travel budget. This guide breaks…
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Refund of TCS on International Remittance – The What & How (2025 Updated Guide)
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Did you pay TCS while sending money abroad? You could be eligible for a refund, and most people don’t even know it. That extra tax, known as Tax Collected at Source or TCS, can actually be claimed back by simply filing your Income Tax Return. In this guide, we’ll walk you through everything you need…
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All You Need To Know About TCS On International Money Transfers (2025 Edition)
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What is TCS on International Money Transfers? Every time you send money abroad from India—whether for education, medical needs, or a family gift—there’s a small tax built into the process, known as Tax Collected at Source (TCS). This isn’t something you pay separately; it’s collected by the bank or remittance service provider at the time…