TDS Applicable on Foreign Tour Packages - SuperCA
In the Budget 2020-21, It is Mandated a 5% Tax Collection at Source for Remittances Over Rs 7 Lakh. Money Flowing Out of India is Taxed at Source Added on Services Like Foreign Tour Packages and Remittances as the Outgoing Fund's Flow is Sought to Be Taxed. TDS on Foreign Tour Packages.
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