TCS under Income Tax– Everything you need to know
TCS under Income Tax– Everything you need to know
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Kamalesh R V on Instagram: "💸 TCS Explained in 30 Seconds Most people pay TCS without even knowing it 😮👇 🔹 What is TCS? Tax Collected at Source — the seller collects a small tax from you and deposits it directly to the government. 🔹 Where do you pay TCS? • LRS / Forex loading • International credit card spends • Buying foreign tour packages • High-value goods (cars, jewellery, scrap, etc.) • Alcohol, timber, minerals, tendu leaves 🔹 Does TCS increase your cost? No! It’s not an extra charge
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