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    Credit card users may soon have to pay 20% TCS on forex transactions?

    Saw this in ET today - https://economictimes.indiatimes.com/wealth/tax/foreign-trip-booking-credit-card-users-may-soon-have-to-pay-20-tcs-on-forex-transactions/articleshow/99605206.cms Hard to decipher what the scope of TCS is from this story. Does it apply to all forex transactions on CCs...
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