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Clear articles for Indian students and parents comparing education funding routes before admission, sanction, visa proof, or fee deadlines become urgent.

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Foreign Remittance for Students
Guides22 Jun 20261 min read

New Tax on Foreign Remittance 2026: TCS Rates, Thresholds, Exemptions, and Refunds

India's Budget 2026 reshaped TCS on foreign remittances under Section 206C(1G). The threshold rose from Rs 7 lakh to Rs 10 lakh. Education loans are now fully exempt at zero percent. Self-funded education and medical treatment rates halved from 5 percent to 2 percent. Tour packages simplified to a flat 2 percent. This guide covers every rate, purpose, real scenario, and the step-by-step refund process.

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