TCS on Foreign Remittance || कब India से बाहर पैसा भेजने पर लगेगा टैक्स?

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  • Опубліковано 21 жов 2024
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    TCS on Foreign Remittance || कब India से बाहर पैसा भेजने पर लगेगा टैक्स? #tcs
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КОМЕНТАРІ • 71

  • @CASumitSharma
    @CASumitSharma  7 місяців тому

    👉For Professionals Help Click Here - bit.ly/casumit

  • @NishaRani-xy7mi
    @NishaRani-xy7mi Рік тому +4

    GOOD INFORMATION

  • @tanishasharma6994
    @tanishasharma6994 Рік тому +2

    Very helpful information

  • @bajwahs6094
    @bajwahs6094 Рік тому +1

    Sumit ji, What will be the new rules of TCS from 1st July for NRIs if they remit money to their own account or their relatives accouts abroad.

  • @Jokohama794
    @Jokohama794 Місяць тому

    Well explained informative videos

  • @ajaygarg0
    @ajaygarg0 Рік тому +1

    Maine apni mummy ka ek new acc open kiya hai hdfc mein, phele SBI mein tha, to maine sbi se 15 lac ( ek baar 10 ek baar 5) HDFC transfer kar diye ab kya hoga plz reply

    • @CASumitSharma
      @CASumitSharma  Рік тому

      Self account transfer not reportable transaction

  • @Rajiv1705
    @Rajiv1705 Рік тому

    Sir g 1 july ke agar mai apne india ke account se apne foreign bank account me self transfer krta hu to v 20% tcs lgega agar amount 7 lackh se kam h to??

  • @KD-ox6qj
    @KD-ox6qj Рік тому +1

    Is it possible Per person in family can send below 7 lcs per year
    for education fees
    Then no TCS will cut ?

  • @DeepSingh-jn9mu
    @DeepSingh-jn9mu 10 місяців тому +1

    Sir maine ek sal me 7lc k under 690k rs ki intentnal trasctions ki Dubai se kuj buy kiya vo bahr paisa bhejne ki app h meri incme uspe 25k h 0% forex chargs me niyo global k DCB bank se ki
    Usme 7lc ki total trnstions krk 25k incme whole year me to kya mujhe ITR bhrna is 2024 april tk jruri h mai hmesha ITR bhrta nhi aya hun to ab jruri h kya or agar maine nhi bhri to kya koi notice to nhi ayega ed se ki 7lc ka b kya buy kiya bill dikhao 7lc k under ki h

    • @CASumitSharma
      @CASumitSharma  10 місяців тому

      Online transaction bol rhe hai ais tis 26 as me to better to file ITR

    • @dummyiindia5593
      @dummyiindia5593 8 місяців тому +1

      Hello bro kiya aap crypto purchase krte Dubai se or sell krte ho india please reply

    • @DeepSingh-jn9mu
      @DeepSingh-jn9mu 8 місяців тому

      @@dummyiindia5593 yes

    • @ajaypalsinghchundawat1847
      @ajaypalsinghchundawat1847 13 днів тому

      @@dummyiindia5593 nhi bhai
      dekhlo kya bhav pdega 20 percnt k hisab se

  • @vinodalbuquerque2488
    @vinodalbuquerque2488 Рік тому +1

    Sir I want to know if my Sister from Overseas send money transfer from Overseas Bank to Bank in India in Savings Account, will TCS be collected.

  • @yashwantvora9022
    @yashwantvora9022 3 місяці тому

    I had remitted to my daughter in canada amount which is below Rs 7 lakh which is being reflected in AIS/TIS in AY 2024-25. TCS is nil as amount is well below Rs. 7 lakh. Is it necessary to show this amount in ITR1?. As TCS is nil there will not be any necessity to show this amount in ITR1.
    PLEASE GUIDE.

  • @asanaatvideos135
    @asanaatvideos135 2 місяці тому

    Dear friends आप itr 1व2 मे डेमो बता प्रैक्टिकल समझावे,और अधिक जानकारी के वीडियो अपलोड करें

  • @dineshkumarvaghela5017
    @dineshkumarvaghela5017 Рік тому

    रिफंड क्लेम कैसे करना है वह प्रेक्टिकल तो बताया नही।

    • @CASumitSharma
      @CASumitSharma  Рік тому

      File ITR and claim refund
      How to file ITR 1,2,3,4 videos already uploaded

  • @ashishmishra1559
    @ashishmishra1559 Рік тому

    1 lack USA me bhejne pr Kitna charge lgega...please guide

    • @CASumitSharma
      @CASumitSharma  11 місяців тому

      No tax
      Forex Charges depend upon bank

  • @ARUNSINGH-or3in
    @ARUNSINGH-or3in Рік тому

    Sir mera business hai outsourcing aur software kaa to foreign transaction ki limit kya hogi ??

  • @all_inone007
    @all_inone007 6 місяців тому

    अपनी फॅमिली members को अगर पैसा भेजना हो तो तब भी tcs देना पड़ेगा क्या

  • @rashpalgill3217
    @rashpalgill3217 2 місяці тому

    Sir many appne son ki tution fee Canada 10 lakh se uper beji hai, 335153 amount pe 16758 TCS kata hai, kya 335153 amount gross total income me fill karna hai ?

  • @roop2709
    @roop2709 3 місяці тому

    Foreign se india khud ka account or parents, siblings ke account main paise bhejne pr kitna tax lgta hai?

  • @amitkumarji2023
    @amitkumarji2023 Рік тому

    Sir agar ek saal me friends ko only 50 doller hi foreign country perfect money se send karte hai to income tax kitna dena hoga

  • @SachinSharma-it4oi
    @SachinSharma-it4oi 7 місяців тому

    Sir foreign se India mai cash and per kya tax lagta hai

    • @CASumitSharma
      @CASumitSharma  7 місяців тому

      Depend kon se rha hai
      Kise se rha hai
      Kis nature ka paisa hai

    • @SachinSharma-it4oi
      @SachinSharma-it4oi 7 місяців тому

      Sir ex. Jo person foreign mai job karte hai . foreign se apne parents & wife & childern & other relatives ko ya phir apne friends ko Money bejte hai to kya rule hai is per video banaye

  • @abhishekkumargupta4371
    @abhishekkumargupta4371 Рік тому

    Agar hm apne alag alag bank se kare to 7 lakh se kam har Bank se to katega? Sir

  • @radhikaverma8833
    @radhikaverma8833 3 місяці тому

    Kya tax University tuition fee par bhi lgta hai kya usa mein??

  • @daljitkulhi3150
    @daljitkulhi3150 Рік тому

    Maine apne aur bete ke joint account se apne another accont mein transfer kiya 13 lakh ,is thereany problem i?

  • @shubhamchauhan4423
    @shubhamchauhan4423 29 днів тому

    Bhai agr muje india se singapore 650000 lac bejna h to kitna charge lgega btana

    • @CASumitSharma
      @CASumitSharma  28 днів тому

      the amount ₹6.5 lakh is less than ₹7 lakh, no TCS will be applicable on this transaction.
      However, if your total remittances in the financial year exceed ₹7 lakh, then TCS will be charged at 5% on the amount exceeding ₹7 lakh. But for now, ₹6.5 lakh being under the limit, TCS nahi lagega

    • @shubhamchauhan4423
      @shubhamchauhan4423 28 днів тому

      @@CASumitSharma bhai mere pr hdfc ka account h agr usse kru to conversations charge kya lgega ye puchna tha please bta do bhai

  • @ketanpathak6987
    @ketanpathak6987 Рік тому

    sir how to tcs exemption certificate or tcs waiver certificate?

    • @CASumitSharma
      @CASumitSharma  28 днів тому

      TCS exemption or a lower rate certificate can be applied under Section 206C(9) of the Income Tax Act through Form 13
      To apply for a TCS Exemption or TCS Waiver Certificate, you need to submit Form 13 with the necessary documentation through the TRACES portal. The exemption will be based on the assessment by the Income Tax Department, and a certificate will be issued if the criteria are met.

  • @DelightReza0
    @DelightReza0 Рік тому

    How they will know is it for education 🤔

    • @CASumitSharma
      @CASumitSharma  Рік тому

      Before transferring the fund
      The bank or transfer agent will ask the purpose
      And might be ask for proofs as well

  • @mayanksingh7835
    @mayanksingh7835 Рік тому +1

    Loot macha rakhi hai sarkar ne... Govt me daku bethe hai.. 20% tax kon leta hai... Sala mera business hai ab profit hi 5% hai to 20% tax kaha se de? Chor h sarkar...

    • @CASumitSharma
      @CASumitSharma  Рік тому

      TCS is refundable if overall income below 5 lakh after filing ITR

    • @amanbisiofficial8386
      @amanbisiofficial8386 Рік тому

      Sahi bola yrr faltu government 🤬 sala har chij mai tax tax profit par tax le leta vo sahi hai lekin jo investment usse bhi tax do had hai

  • @sourabhsinghchib5596
    @sourabhsinghchib5596 Рік тому

    Sir,I have made international payment as a student fee to canada by taking educational loan of 4 lakh. The total amount is 12 lakh and the tcs from lulu forex cost me 5 percent not 0.5 percent though it is an educational loan .please suggests me how can i claim refund?

    • @CASumitSharma
      @CASumitSharma  Рік тому

      After year end after filing ITR TDS can be taken Refund

  • @rohit-chetanya126
    @rohit-chetanya126 Рік тому

    Bhai ye kab tak legal h

    • @CASumitSharma
      @CASumitSharma  Рік тому

      What is your exect query

    • @rohit-chetanya126
      @rohit-chetanya126 Рік тому

      @@CASumitSharma my query is if I am make a payment of 500 dollars in 1 time from my credit card,
      What is the maximum amount I should not cross in a Financial Year

  • @gurjantsingh8989
    @gurjantsingh8989 Рік тому

    Hllo

  • @radhikaverma8833
    @radhikaverma8833 3 місяці тому

    Please reply

  • @amitkumarji2023
    @amitkumarji2023 Рік тому

    Sir agar ek saal me friends ko only 50 doller hi foreign country perfect money se send karte hai to income tax kitna dena hoga

    • @CASumitSharma
      @CASumitSharma  Рік тому

      Aapka Paisa kise b do
      No Tax
      Foreign remittance pe TDS deduction ho sakta hai