1 article tagged Lrs.
The 20% TCS on credit card international spend was supposed to take effect 1 October 2023. It did not. Three deferrals later, in 2026 it is still indefinitely paused — but the policy framework remains intact and could activate with 30 days' notice. The 2026 status: why it has not applied, what it would mean for foreign holidays / international subscriptions / NRI parental support, and which spend channels are TCS-free vs subject right now.