Browsing: tax collection at source

Tax collection at source, or TCS, is an additional amount collected as tax by a seller of specified goods from…

In a step that would come as relief to individuals travelling abroad, the Centre on Friday excluded up to Rs…

Outward remittances under the Reserve Bank of India’s (RBI’s) liberalised remittance scheme (LRS) in February dipped 23 per cent over…

A bonanza for the government: Recent news reports highlight a significant surge in tax collections for fiscal 2023. Data illustrating…

India had limited foreign exchange reserves post-independence. Post-liberalisation changed this, India solidified its position in the global market, and capital…