DCB - TCS
All about TCS deduction with your DCB Niyo Card
TCS stands for Tax Collected at Source. It is a system of tax collection in India where a certain percentage of tax is collected at the source of income, ra...
Wed, 29 Nov, 2023 at 2:20 PM
All international transactions will have 20% TCS deducted. However, if your overall international spends is less than 7 lakhs, it will be refunded back to y...
Wed, 29 Nov, 2023 at 2:21 PM
If your overall international spends is less than 7 lakhs, the deducted TCS will be refunded back to you in 1-2 business days. Once you have crossed th...
Wed, 29 Nov, 2023 at 2:21 PM
In the case of Niyo DCB Card, TCS is applicable on international spends in excess of 7 lakhs in a financial year. If you are traveling with a group, you can...
Mon, 11 Mar, 2024 at 3:02 PM