Tag: Liberalised Remittance Scheme

  • How to Avoid 20% TCS on Foreign Remittances Legally in 2025

    How to Avoid 20% TCS on Foreign Remittances Legally in 2025

    How to avoid 20% TCS on foreign remittances is one of the biggest concerns for Indian residents sending money abroad. With the government increasing the Tax Collected at Source (TCS) from 5% to 20% on most outward remittances starting October 1, 2023, international transfers have become significantly more expensive. Combine that with a 4.5% depreciation…