International Credit Card Spends In Forex Under LRS: What Are The Challenges & Benefits? | CNBC-TV18

Liberalised Remittance Scheme (LRS) will be applicable to International Card spending in forex. Card spends in forex to attract 20 percent TCS from July 1. Girish Vanvari, Founder, of Transaction Square, and Sunil Badala, Partner & National Head-BFSI Tax, KPMG India share their views.

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