20% TCS On International Credit Card Spends | Liberalised Remittances Scheme (LRS) | UPSC 2023

Heartful thanks sir

great video

Sir can plz clear credit card transaction is covered under LRS...after 1 oct. 2023 or is it postponed till further order

Neat analysis

We love u sir.. Thank you for sharing this information ❤

Thankyou so much 🙏

👍🏿👍🏿👍🏿👍🏿

""this 7L limit is applicable per Credit Card (One CC = 7L limit, Two CC = 14L limit and so on) OR is applicable on one Bank Account OR for one particular individual? Means Can I use one IDFC CC & AXIS CC & ICICI CC for a total of 21L limit to avoid 20% TCS ...correct?

Sir if any person is sending any amount above USD 700000 outside India for child education or maintenance of relatives then who will collect the TCS? Is it the AD bank ?

Thank sir simple explanation

Quite informative sir.. thank you

Sir you made this topic very easy and every aspect become so clear thanks byjus

Very much needed video 👏

Is the exemption of amount upto rs7 lacs still there

I am a banking aspirant. I am also watching your class and gaining knowledge. Superb explanation sir.... thank u so much.

I read about this in news just couple of days back but didn't understood what exactly govt is doing and why ... But here in this video I got all information... Thank you Byju's

Hello sir,
What if the bank is not collecting exact tcs(5% as of now) on international forex transaction above 7 lack..
Should i pay it directly to government, or can i use it as a loop hole😊.
It will be great if i get a genuine answer...


Thank you sir for this wonderful session...

Superb ❤

Super explanation 🎉

Thank You So Much For The Best Explanation Of This Topic.

THANKS SIR FOR THIS CONCEPTUAL SESSION

Sir can you clarify whether a person needs to pay TCS if he/she spends below USD 2.5Lakhs when abroad?

I request to provide notes as well thanks❤

Thanks a lot sir for this information i just have one doubt whether this TCS will be applicable to any transaction done by credit card or above the limit of 2.5lakh dollar ?

beautifully explained

Very well explained. Thank you sir.😊

Thnku sir

Really grateful Sir, your way of explaining is incredibly amazing:)

Even if CC transaction are counted now, the limit before applying TDS for transaction is 2.5 lakh dollars na or will it apply to every transaction that done outside India ..? Like from first to last transaction TDS will be collected..?

Very good explanation... I reas it myself but could not got such clarity on it... Very well done❤

Am waiting for this topic Thanking you sir❤

Thank you sir

Debit card credit card transaction are not same. Credit card users already need to pay extra amount. It will be additional burdon for them.

Wonderful explanation 😊

Thank you so much sir

Thank you sir

Where is the link for course ?

Please provide pdf /soft copy 🙏🙏🙏🥺🥺

You're the best sir. It's very easy to understand 🥳

❤

Thank you so much sir

Why Credit cards were not covered earlier in LRS scheme?

Thank you so much for the unparallel economy session as always sir..!! You are always amazing!!

Thanku sir 🎉🎉

Thank you sir ji U & ur efforts 🎉🎉🎉

Clear my doubt after

Excellent video sir, thanks a lot 👍😊

Nyc

Thank u so much sir🎉