{"id":82379,"date":"2023-10-17T20:39:51","date_gmt":"2023-10-17T15:09:51","guid":{"rendered":"http:\/\/finservwealth.com\/mc-explains-20-tcs-on-foreign-spends-credit-card-spends-when-overseas-exempt-for-now-booking-international-flights-hotels-separately-can-minimise-tax-impact\/"},"modified":"2023-10-17T20:39:51","modified_gmt":"2023-10-17T15:09:51","slug":"mc-explains-20-tcs-on-foreign-spends-credit-card-spends-when-overseas-exempt-for-now-booking-international-flights-hotels-separately-can-minimise-tax-impact","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/mc-explains-20-tcs-on-foreign-spends-credit-card-spends-when-overseas-exempt-for-now-booking-international-flights-hotels-separately-can-minimise-tax-impact\/","title":{"rendered":"MC explains | 20% TCS on foreign spends: Credit card spends when overseas exempt for now, booking international flights, hotels separately can minimise tax impact"},"content":{"rendered":"<p> The government has clarified that standalone purchases of foreign flights or hotel stays are not considered as a purchase of an overseas tour package; they are covered under LRS.<\/p><div id=\"finse-1614655015\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/credit-cards\/mc-explains-%7C-20-tcsforeign-spends-credit-card-spends-when-overseas-exempt-for-now-booking-international-flights-hotels-separately-can-minimise-tax-impact_17272951.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0The government has clarified that standalone purchases of foreign flights or hotel stays are not considered as a purchase of an overseas tour package; they are covered under LRS. The government has clarified that standalone purchases of foreign flights or hotel stays are not considered as a purchase of an overseas tour package; they are covered under LRS.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/credit-cards\/mc-explains-%7C-20-tcsforeign-spends-credit-card-spends-when-overseas-exempt-for-now-booking-international-flights-hotels-separately-can-minimise-tax-impact_17272951.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> The government has clarified that standalone purchases of foreign flights or hotel stays are not considered as a purchase of an overseas tour package; they are covered under LRS.<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/credit-cards\/mc-explains-%7C-20-tcsforeign-spends-credit-card-spends-when-overseas-exempt-for-now-booking-international-flights-hotels-separately-can-minimise-tax-impact_17272951.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0The government has clarified that standalone purchases of foreign flights or hotel stays are not considered as a purchase of an overseas tour package; they are covered under LRS. The government has clarified that standalone purchases of foreign flights or hotel stays are not considered as a purchase of an overseas tour package; they are covered under LRS.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/credit-cards\/mc-explains-%7C-20-tcsforeign-spends-credit-card-spends-when-overseas-exempt-for-now-booking-international-flights-hotels-separately-can-minimise-tax-impact_17272951.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> The government has clarified that standalone purchases of foreign flights or hotel stays are not considered as a purchase of an overseas tour package; they are covered under LRS.<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-82379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2023\/200x200\/C\/Collage-Maker-20-Apr-2023-04-27-PM-2428_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/82379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=82379"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/82379\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=82379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=82379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=82379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}