News & Media 1st Feb 2026
Our Partner, Supreme Kothari shares his insight in CNBC-TV18’s article, “Budget 2026: Income-tax collected at source (TCS) on LRS, overseas travel, education and medical remittances.”
He highlights that the proposed TCS provisions on LRS remittances for travel, education and medical expenses are intended to improve tax compliance and data-driven tracking of foreign outflows, but calibrated thresholds and clear guidance will be essential to balance compliance burden with ease of movement for taxpayers.
Read the article here
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