Originally published at https://99infostore.com/avoid-tcs-foreign-credit-card-2026/ on 99InfoStore.
TL;DR: To avoid the high 20% Tax Collected at Source (TCS) on foreign card transactions in 2026, keep your cumulative international spends under ₹7 Lakh per financial year across all credit, debit, and forex cards. For amounts exceeding this threshold, distribute the expenses across family members’ individual PAN accounts or use specific international banking channels to preserve your capital.
The dynamic world of Indian personal finance experienced a major structural shift when the Ministry of Finance revised the rules surrounding the Liberalised Remittance Scheme (LRS). Tracking and managing international expenses has become a critical skill for frequent flyers, remote workers, and online shoppers. Knowing how to
Written by Rahul Dubey
Tech, AI & Digital Ecosystem Specialist at 99InfoStore, covering artificial intelligence breakthroughs, consumer gadgets, fintech, and digital economy trends.
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