12 August 2024


News

#Budget 2025 – TDS and TCS - 01.02.2025

#A provision for higher TDS will be applicable only in cases where the Permanent Account Number (PAN) is not furnished. #The threshold to collect TCS on remittances under the Reserve Bank of India's Liberalized Remittance Scheme will be raised from ?7 lakh to ?10 lakh.

Tags : Permanent Account Number Liberalized Remittance Scheme TCS

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