New motor rules to increased taxes on foreign remittances – Things that are set to change from October 1
Change is inevitable. Every now and then new rules are announced for different sectors. And, several of them are set to come into effect from October 1. Most of these will affect you directly but some will have an indirect impact as well.
ax collected at source (TCS) at the rate of five per cent will be imposed on the money remitted outside India. Source - PTI.