Cloud Banner
Here are ways in which parents can send money internationally for education without paying 0.5% TCS
Cloud Banner
1. Parents have to establish that the foreign remittance is for study abroad students.
Cloud Banner
2. Remittances must be sent under the Liberalised Remittance Scheme (LRS).
Cloud Banner
3. Parents need to submit university acceptance letters, foreign rental agreements, and invoices.
Cloud Banner
4. Families of international students can send money from accounts of immediate family members.
To read the Full News
Curved Arrow
Scribbled Underline
Click Here