Current Affairs · Union Budget
As per the Union Budget 2025-26, the threshold for Tax Collected at Source (TCS) on foreign remittances under the Liberalised Remittance Scheme (LRS) was raised from ₹7 lakh to:
- 1₹10 lakh✓
- 2₹11 lakh
- 3₹12 lakh
- 4₹13 lakh
Correct answer
₹10 lakh
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