Govt issues clarification that 20% Tax Collection at Source (TCS) on overseas Credit Card transactions will be applicable only for transactions exceeding ₹7 lakh in a year
Existing beneficial TCS treatment for education and health payments will also continue
#TCSTax #TCS20 #TaxUpdates #DebitCards #CardTransactions #IndiaNews #BusinessNews #InstawithHT
Cre: Hindustan Times
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