LRS & Foreign Remittance TCS

Check headroom under the Liberalised Remittance Scheme (USD 250,000 per individual per year) and estimate Tax Collected at Source on a foreign remittance under section 206C(1G).

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Remittance

Purpose

Nature of remittance

Amount

This remittance (₹)

Already remitted under LRS this FY (₹)

USD / INR rate (for LRS limit)

TCS on this remittance

₹0

Enter an amount.

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LRS headroom

≡

TCS working

Estimate only. TCS thresholds and rates under section 206C(1G) (₹7 lakh threshold; 20% / 5% / 0.5% by purpose; tour packages at 5% then 20%) are summarised as understood and are subject to change by the Finance Act and CBDT notifications. TCS is creditable against the remitter's tax liability. Confirm current rates and bank/authorised-dealer requirements before relying on this.