Monthly Archives

December 2021

South County Events, December 5

Town Halls: Chula Vista, 5 p.m. Tuesday; Coronado, 4 p.m. Tuesday; National city, 6 p.m. TuesdaySchool Boards: San Diego Unified School District, 5 p.m. Tuesday National City Hosts Kimball CelebrationThe City of National City hosts its…

Tax on loans for study abroad

What are the important parameters of the TCS on foreign money transfers?A 5% tax is applicable on an amount greater than INR 7 Lakh during a financial year (not on the total amount).The new TCS provision is effective from 01 October 2020.…