TCS on Sending Money Abroad: The New ₹10 Lakh Rule

No TCS on the first ₹10 lakh you remit abroad in a financial year, up from ₹7 lakh since 1 April 2025

Education funded by a Section 80E bank loan now attracts 0% TCS, regardless of amount

Self-funded education and medical cross ₹10 lakh at 5%; gifts, investment and property at 20%

TCS is not an extra tax — it is advance tax you reclaim in your ITR or adjust against salary TDS

International credit card spends sit outside LRS, so they escape TCS; debit and forex cards do not