What are the TCS provisions (including thresholds, if any) in regards to the overseas investment made by an investor?

Modified on Thu, 01 Feb 2024 at 01:02 PM

From 1 October 2023, Authorised Dealers (typically banks and remittance companies) will collect 20% TCS for remittances made for international investments exceeding a threshold of INR 7 lakh.

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