6d • General discussion
Cheaper to Send Money Abroad
TCS on foreign remittances dropped significantly—education and medical remittances now capped lower, overseas tour packages reduced too.
For families funding children's foreign education, this means less cash blocked upfront.
TCS was never a tax—it's a credit adjustable against your liability. But blocked cash has opportunity cost.
Lower TCS means better cash flow during expensive years abroad.
Are you tracking TCS credits you've already paid and can reclaim?
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Cheaper to Send Money Abroad
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