International-Payments

TCS, or Tax Collected at Source, applies to certain foreign transactions from India. If you’ve paid more TCS than necessary, you can claim a refund when filing your income tax. This explains the TCS rates, the refund process, and the documents you’ll need, ensuring you can reclaim any excess amount paid. Keep track of your TCS to make sure you’re not overpaying on your international transactions.

By Team Niyo

Know about the Niyo Card? Learn about its features like zero forex markup, lounge access, multi-currency use & how it simplifies international spending.

By Team Niyo