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The Union Budget 2026 has cut tax collected at source (TCS) on overseas remittances and tour packages to a flat 2 per cent, reducing the upfront cash burden on individuals paying for foreign education ...
The government has unified Tax Collection at Source (TCS) rates to a uniform 2% for various transactions, including alcoholic ...
Union Budget 2026 cuts TCS on overseas education, medical remittances, and tours to 2%, easing cash flow and boosting travel, ...
In a landmark move for the travel trade, Finance Minister Nirmala Sitharaman’s Union Budget 2026-27 has delivered a dual ...
The Budget has proposed to reduce the tax collected at source (TCS) for self-funded education and medical purposes abroad under the liberalised remitt.
Significant tax relief is on the horizon for overseas travel, education, and medical expenses. The government plans to slash the TCS rate on tour packages to a flat 2%, removing existing thresholds.