Tag: 20% TCS rule 2025
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![How to Avoid TCS on Foreign Remittances in 2026 [Slabs, Exemptions, Refund Explained]](https://www.moneyhop.co/blog/wp-content/uploads/2023/10/Artboard-1.png)
How to Avoid TCS on Foreign Remittances in 2026 [Slabs, Exemptions, Refund Explained]
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Think foreign transfers automatically attract a steep 20% TCS? Not anymore. With the latest updates to LRS rules in Budget 2026, several remittance categories, including overseas tour packages, now fall under a significantly lower 2% TCS rate, while concessional rates continue to apply for education and medical purposes. Many Indians are now exploring how to…