Sending money abroad? Here’s how to reclaim your TCS
I want to send money to my son in the US under the Liberalised Remittance Scheme (LRS). I understand that tax collected at source (TCS) has to be paid on each transaction. How can I reclaim this amount? —Name withheld on request It is assumed that you qualify as a resident in India, as per […]
Demat account: How to invest in international stocks? Here are 4 ways
As India’s consumption-driven economy continues to thrive, the young population fuels the demand for these international brands, making Indian consumers a significant revenue source for global brands. India remains one of their biggest markets outside their home countries, taking billions in profits. Considering the investment perspective, have you ever thought about becoming a shareholder in […]