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TCS on credit card and forex card under RBI LRS lacks parity: What experts suggest Budget 2026 do?
Foreign spending by Indians faces a tax anomaly. While forex and debit cards incur Tax Collected at Source (TCS) under LRS, international credit card spending remains exempt, creating a regulatory ...
A forex card is one of the most convenient and safe ways to carry cash and exchange money for your travels abroad. It's a widely accepted payment and is simple to use, like a credit or debit card.
Featured Partners What is Wise? Wise was set up in 2011 as a more innovative and cost-effective way to send money across ...
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Forex card vs credit card: Here’s how you can smartly save money on international travel with zero forex markup cards
As Christmas and New Year’s Eve approach, a lot of Indians are gearing up to travel abroad. You’ve likely booked your flights and hotels and mapped out an itinerary well in advance. But the big ...
Increase in international travel & cross-border transactions, the rise in popularity of online shopping, and the growth in awareness among consumers regarding the benefits of forex prepaid cards drive ...
Spending overseas can work out to be expensive once you’ve factored in the various fees and interest charges, so it’s important to do your research carefully and look for the best value options before ...
BFC Payments B.S.C. (C), the Fintech arm of BFC Group Holdings W.L.L., has collaborated with M2P Fintech, which claims to be Asia’s largest API infrastructure company, “to launch an advanced ...
As more companies outside the payments space develop specialized prepaid cards for niche markets, London-based Travelex Currency Services Inc. is about to launch corporate prepaid currency cards at a ...
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