Sunil K. Khanna and Co.
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Credit Cards payments on foreign tours have been brought under the ambit of LRS scheme available with resident individual with Annual cap of USD 250000. This may ensure TCS Compliances as per changes made in budget 2023.

by Pawandeep Singh | May 18, 2023 | Income Tax

Rule 7 of FEM( Current Account Transactions) Rules 2006 with respect to use of international credit cards outside India has been omitted by notification dated 16th May 2023 G.S.R.-369Download

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  • Credit Cards payments on foreign tours have been brought under the ambit of LRS scheme available with resident individual with Annual cap of USD 250000. This may ensure TCS Compliances as per changes made in budget 2023.
  • CENTRE FOR PROCESSING ACCELERATED CORPORATE EXIT (C-PACE) ESTABLISHED FOR PROVIDING HASSLE-FREE FILING, TIMELY AND PROCESS-BOUND STRIKING OFF COMPANIES FROM MCA REGISTER, dated 13.05.2023.

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Sunil K. Khanna & Co.
Sunil K. Khanna & Co.

He founded the firm with a vision to build an institution of learning for the team members associated with the firm. His focus at all times was to help and guide his clients to the path of prosperity.

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