Skip to content
info@taxvic.com TAXVIC Chat on WhatsApp
TAX VIC
  • Contact
  • Toggle website search
Menu Close
  • Contact
  • Toggle website search

Budget 2023

  1. Home>
  2. Budget 2023
Learn about the new TCS regulations on foreign remittances under the LRS scheme introduced in Budget 2023. Understand the revised rates, exemptions, and their impact on international credit card transactions.

TCS Regulations under the Liberalized Remittance Scheme (LRS) 2023

  • Post author:TAXVIC
  • Post published:May 29, 2023
  • Post category:Budget 2023/Finance/International Remittances/Taxation
  • Reading time:7 mins read

In Budget 2020, it was announced that if you remit money under the Liberalized Remittance Scheme (LRS) and it reaches a certain threshold, the TCS will apply. As a result,…

Continue ReadingTCS Regulations under the Liberalized Remittance Scheme (LRS) 2023
Budget 2023

Personal Income Tax, Simple version of what has changed in Budget 2023

  • Post author:TAXVIC
  • Post published:February 1, 2023
  • Post category:Budget 2023
  • Reading time:7 mins read

BEFORE BUDGET 2023 Income Tax SlabOld RegimeOld RegimeOld RegimeNew Regime Resident Individuals & HUF < 60 years oldResident Individuals & HUF > 60 to < 80 years oldResident Individuals & HUF >…

Continue ReadingPersonal Income Tax, Simple version of what has changed in Budget 2023

CONTACT US

Please enable JavaScript in your browser to complete this form.
Name *
Loading

Archives

Categories

Recent Posts

  • Inheriting Property in India as an NRI? TaxVic Explains What to Do Next
    Inheriting Property in India as an NRI? TaxVic Explains What to Do Next
    May 10, 2025/
    0 Comments
  • Section 58 Explained: Key Changes in Presumptive Taxation Under Budget 2025
    Section 58 Explained: Key Changes in Presumptive Taxation Under Budget 2025
    May 7, 2025/
    0 Comments
  • Adding Foreign Directors and Shareholders to an Indian Company: A Complete Guide
    Adding Foreign Directors and Shareholders to an Indian Company: A Complete Guide
    April 25, 2025/
    0 Comments
  • Finding a Trusted Partner for Chinese Business Expansion in India
    Finding a Trusted Partner for Chinese Business Expansion in India
    April 23, 2025/
    0 Comments
  • NRI Property Sale: Essential Tax Compliance Steps and How to Obtain a Lower TDS Certificate
    NRI Property Sale: Essential Tax Compliance Steps and How to Obtain a Lower TDS Certificate
    April 10, 2025/
    0 Comments

About TAXVIC

About TAXVIC

TAXVIC

Achieve Financial Success with TaxVic: Your Trusted Partner for Tax Solutions and Compliance Excellence.

Follow Us

  • Opens in a new tab
  • Opens in a new tab
  • Opens in a new tab
  • Opens in a new tab
  • Opens in a new tab

Footer Logo

Copyright TAXVIC