This is big. By removing rule 7, this changes the game. Every international credit card transaction, from today, made by an individual => will be under LRS limits. Means 5% TCS till July 1. And 20% Tax collected at source after that. (Can be adjusted against other taxes) https://t.co/kCzgoYpDa2
— Deepak Shenoy (@deepakshenoy) May 17, 2023
via Twitter https://twitter.com/deepakshenoy
May 17, 2023 at 06:59PM
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