News & Media 1st Feb 2026

Budget 2026: FM proposes slashing TCS on education and medical remittances to 2%

Authors

Supreme KothariPartner | Mumbai

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Our Partner, Supreme Kothari shares his insight in The Financial Express’s article, “Investing abroad: Budget 2026 — FM proposes to slash TCS on education and medical remittances.”
He highlights that reducing TCS rates on education and medical remittances reflects a taxpayer-friendly approach aimed at easing the burden on individuals sending funds abroad for essential purposes, while ensuring compliance and tracking within the tax framework.
Read the article here

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