Big Shock 🤯 20% tax on sending money from India
Channel: Dream Abroad
Date: 2023-06-11

Hello guys, this video is about the news that Indian government has increased tax to 20% tax on foreign remittances

*********** Important Links ************

One-on-One Appointment: https://dreamabroad.ca/appointment/

The Indian Express News Article: https://tinyurl.com/2rh2tk48

IndiaTimes News article: https://tinyurl.com/3wz2hvha

Economic Times News Article: https://tinyurl.com/m4cxa7sx


*********** Timecode ***********

00:00 Introduction
01:36 What is LRS and TCS
03:12 Difference between Current & New Taxes
03:58 Details of New Taxes
05:09 Exemptions
06:43 Different Scenarios
08:13 Is it applicable for NRIs?
09:09 Can we get a tax return or credit?