In a given financial year, when your international transactions exceed ₹7 lakhs, a fee of 5% is charged for the incremental amount exceeding ₹7 lakhs. For multiple international transactions made in a day, TCS is deducted only once a day at the end of day for the cumulative international transactions.
How is TCS calculated? Print
Modified on: Fri, 10 Sep, 2021 at 1:07 PM
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