What is the revised Tax Collected at Source (TCS) rate applicable to the purchase of an Overseas Tour Program effective from April 1, 2026, under the Union Budget 2026 provisions?

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Direct Answer

An Overseas Tour Program involves booking international travel packages, which are subject to TCS under the Liberalised Remittance Scheme (LRS

Rule 1: The threshold limit of Rs. 10 lakh does not apply to overseas tour packages.Rule 2: The revised mandate applies a flat tax rate of 2% on the total purchase amount.

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