Tag: Liberalised Remittance Scheme
After Outcry, Govt Says No TCS On Forex Card Payments Up To Rs 7 Lakhs A Year, But It Might Not Be Of Much Help
Faced with heavy criticism from various corners, including many high-profile personalities who are known to be close to the BJP, the Union Finance Min [...]
FY22: As Covid curbs ease, outward remittances up 55% to all-time high
Foreign exchange, including the US dollar and euro, taken out of the country by resident Indians has shot up by 54.60 per cent during the fiscal ended [...]
Aishwarya Rai Bachchan Questioned For Alleged Foreign Exchange Violations
Aishwarya Rai had been summoned earlier for questioning, but she had twice sought more timeHighlightsThe actor was questioned by the Enforcement Di [...]
When a relative overseas repays mortgage, foreign exchange beneficial properties should not taxable
Generally, taxpayers can land in a singular state of affairs. They may make some financial beneficial properties that aren't specified unde [...]
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