Is Your International Payment Taxable? Here’s What Every Indian Must Know!
With the growing ease of global transactions—whether for education, freelancing, investments, travel, or sending money to family abroad—many Indians often wonder:“Are my international payments taxable?” The answer depends on what type of payment you make, why you’re sending money, and who you’re paying. India’s tax laws, combined with the Liberalised Remittance Scheme (LRS) and TCS … Read more