Navigating 20% TCS: Smart tips for your overseas holiday this summer

Reduce trip duration if necessary, use prepaid forex card to nullify currency fluctuation, buy adequate insurance

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Illustration: Binay Sinha

4 min read Last Updated : Jun 9 2023 | 5:46 PM IST

Those planning overseas travel got a rude shock when the government announced a 20 per cent tax collection at source (TCS) from July 1, 2023, on foreign travel related expenditures

Topics : Your money TCS Forex card foreign travel

First Published: Jun 9 2023 | 5:46 PM IST

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Navigating 20% TCS: Smart tips for your overseas holiday this summer

Reduce trip duration if necessary, use prepaid forex card to nullify currency fluctuation, buy adequate insurance

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