‘It is a burden, avoidable’: Ex-SBI chief Rajnish Kumar on credit card TCS for overseas travel
As of October 1, the Government of India has implemented a 20% Tax Collected at Source (TCS) on all foreign tour packages. This measure, having been in place for two months now, is expected to change the dynamics of international tourism in the country. Rajnish Kumar, Chairman of Mastercard India, was speaking during a discussion … Read more