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Page 3 - Lrs
Tax collection at source on LRS to hit education abroad
The TCS is imposed on all LRS transactions above Rs 7 lakh including travel overseas
 "Tax collection at source on LRS to hit education abroad")
Updated On : 03 Feb 2020 | 8:53 PM IST
I-T dept scans 30,000 individuals for remitting money abroad via RBI scheme
Most of the assessees in question are either traders or professionals; there are also those who sent money abroad for donation purposes
 "I-T dept scans 30,000 individuals for remitting money abroad via RBI scheme")
Updated On : 23 Oct 2019 | 1:20 AM IST
New norms for outward remittance of money narrow definition of 'relative'
Altered rules aim at checking black money transactions and misuse of guidelines for commercial purposes
 "New norms for outward remittance of money narrow definition of 'relative'")
Updated On : 26 Jun 2018 | 2:51 AM IST