ilmscore | SAVE TAX On Foreign Investments !!

SAVE TAX On Foreign Investments !!

Published: 2023-06-15

Status: Available | Analyzed

Predictions from this Video

Total: 3

Correct: 0

Incorrect: 0

Pending: 3

Unrated: 0

Prediction

Topic

Status

An additional 20% tax will be levied on investments made outside of India starting from July 1st.

"starting 1 of July when you invest outside of India you have to pay extra 20% in taxes"

Pending

Sending 7 lakh rupees before July 1st will avoid the new TCS (Tax Collected at Source) rule.

"I will send you 7 lakh rupees before the new rule kicks in on July 1st so I don't have to pay any TCS on that"

Pending

By filing taxes within 2-3 months of March 31st, 2024, the TCS paid on 13 lakh rupees sent on that date will be refunded.

"I will send you the 13 lakh rupees on March 31st 2024 since I anyway file the taxes within 2 to 3 months I'll get all that money back"

Pending