The Budget has proposed to reduce the tax collected at source (TCS) for self-funded education and medical purposes abroad ...

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The Finance Minister also announced relief for families sending money overseas for education and medical purposes. Under the Liberalised Remittance Scheme (LRS), the TCS rate for education and medical ...

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Finance Minister Nirmala Sitharaman gave a major boost to aspirations of Indians dreaming to study or travel abroad in Union ...

Budget 2026 lowers TCS under LRS to 2% for education, medical and travel remittances above ₹10 lakh, easing liquidity for Indian families and travellers.

Taken together, the direct tax proposals in Budget 2026 reflect a reform-oriented rather than relief-oriented approach. The government has chosen to consolidate last year's gains, prioritise a smooth ...

Finance Minister Nirmala Sitharaman offered some important reforms for the Indian diaspora in the Union Budget 2026-2027. From the purchase of shares to the sale of property, here is how non-resident ...

Union Budget 2026 has brought welcome relief for students aspiring to study abroad. By cutting the tax collected at source (TCS) on education-related foreign remittances, the government aims to ease ...

Budget 2026 keeps tax slabs unchanged, focuses on compliance relief and builds on last year's middle-class tax reset ...

The reduction of LRS TCS from 5 per cent to 2 per cent will ease the financial burden on families sending money abroad for ...