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Ministry
Govt postpones implementation of revised TCS rule to October 1 from July 1

Govt postpones implementation of revised TCS rule to October 1 from July 1

The Ministry of Finance said overseas spending using international credit cards will not be included under the Liberalised Remittance Scheme (LRS) and hence, would not attract TCS. Also, the implementation of a higher rate of

Aviation
‘No decision yet to cut tax on ATF’

‘No decision yet to cut tax on ATF’

The Finance Ministry has not yet taken a view on the Ministry of Civil Aviation's (MoCA) plea for tax cuts on jet fuel (ATF) to bring down prices, a top source said. Civil Aviation Minister

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