Foreign currency payments such as digital subscriptions to publications or goods bought on foreign e-commerce sites through international credit cards will count toward an individual's Liberalized Remittance Scheme (LRS) account and attract _____ tax collected at source (TCS).
Foreign currency payments such as digital subscriptions to publications or goods bought on foreign e-commerce sites through international credit cards will count toward an individual's Liberalised Remittance Scheme (LRS) account and attract 20% tax collected at source (TCS). However, if these purchases are made in Indian rupees, they will not be counted against LRS and face any TCS. Corporate cards given to employees for official expenditure overseas will also not attract TCS, as these expenses are covered under residual current account transactions outside the LRS.
Which telecom company has launched Contact Center as a Service (CCaaS), an omni-channel cloud platform that offers enterprises a unified experience for ...
Recently Australia’s Men’s Test Player of the Year award has been renamed to which of the deceased Australian cricketer?
Which of the following became the first Indian company to buy UAE’s T20 League franchise?
An Registrar and Transfer Agents ( RTA) would be categorized as QRTA if at any time during a financial year, the combined number of physical and demat f...
Kundan Green Energy has inked an initial pact to develop 80 MW hydropower at an investment of Rs 1,000 crore in which state?
In the Union Territory of Puducherry, what percentage of reservation has been announced for NEET-qualified government school students in admissions to m...
Who is the first transgender councilor of New Delhi MCD?
_________ has inked an MoU with the Small Industries Development Bank of India (SIDBI) to provide access to financing options to micro, small, and med...
Which butterfly species was recently sighted and documented for the first time in Himachal Pradesh's Chamba district?
Khulna-Mongla railway line is in which country?