Tag: Liberalized Remittance Scheme (LRS)
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TCS on Foreign Tour Packages Explained: New Rules, Refund Tips, and Smart Ways to Save
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You’ve picked your dream destination, scrolled through flight deals, and found a tempting tour package – but before you lock it in, there’s one number that can quietly inflate your travel bill: TCS, or Tax Collected at Source. Let’s break down how it works, why it matters, and how you can plan smarter so that…
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How to Send Gift Money to the UK from India – Fast, Legal & Low-Cost (2026)
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When you send gift money to the UK, it’s not merely a transaction; it’s a gesture of connection. Whether you’re helping your daughter begin her life in London, celebrating a sibling’s achievement, or sending love across continents, the intention is deeply personal. But the question remains: how do you send gift money to the UK…
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Transfer Money Tax-Free from India to the UK: A Complete 2026 Guide
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Transferring money to the UK is easier than ever, but making sure you’re not paying unnecessary taxes is just as important. If your goal is to transfer money tax-free from India to the UK in 2026, this guide will help you do it the right way. From staying within the RBI’s Liberalized Remittance Scheme (LRS)…
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Ultimate Guide to Exemptions From TCS on Foreign Remittances (2026 Update)
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Sending money abroad can feel overwhelming, especially with all the tax rules in place. That’s where knowing about exemptions from TCS can make a real difference. As the government continues to tighten regulations under the Liberalized Remittance Scheme (LRS), being up-to-date on the latest exemptions isn’t just helpful — it can actually save you money.…