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Tax Collection at Source (TCS) Applicabl . . . .
Oct 05, 2020 0
 Applicable on all Forex Transactions under LRS w.e.f. Oct 1,’2020.-2.png)
As per the Union Budget 2020, under LRS, a 5% Tax Collection at Source (TCS) has been introduced on all foreign exchange transactions under the Liberalised Remittance Scheme (LRS) from 1st October 20 . . . ..