Tcs
2 articles tagged Tcs.
TCS on Overseas Tour Package India 2026: The 5% / 20% Cliff + What Counts as a Package
The most-confused TCS bucket on the Indian outbound traveller. Book Bali via MakeMyTrip and pay 20% TCS above ₹7 lakh; book the same Bali trip as separate flights + hotel + activities and pay zero. The 2026 plain-English guide to what counts as an overseas tour package, the 5% vs 20% threshold mechanics, who pays TCS at what stage, and how to reclaim it via ITR refund.
TCS on Credit Card Foreign Spend India 2026: Current Deferral Status + What To Watch
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.