Money Guru: Want To Send Money Abroad? Here Are The Rules, Limitations, Tax Implications, Charges, Ways To Transfer

From July 1 2023, sending money abroad will now be a costly affair. Union Budget 2023 proposed to raise tax collection source (TCS) for foreign remittances under the liberalised remittance scheme (LRS) from 5 per cent to 20 per cent. know which is the right option to invest abroad - Direct or Mutual fund? Know experts opinion on Money Guru.

Updated on: March 09, 2023, 09.43 PM IST
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