FAQ on TCS on Liberalized Remittance Scheme
Frequently Asked on TCS on Liberalized Remittance Scheme. Questions: 1. what is the effective date of introduction of the tax implications? The effectiveness of the Tax collected at the source clause on international remittances is updated from 1 April 2020 to 1 October 2020. Question:2. What all transactions will be affected by this Tax collected …