Is TCS a final tax on my remittance?

No, TCS is an advance tax. You can claim a full refund or adjust it against your total tax liability when filing your Indian ITR.

What is the threshold for TCS on LRS?

The standard threshold is ₹7 Lakhs per financial year. Remittances below this limit (except for tour packages) do not attract TCS.

LRS TCS CalculatorFY 2026-27

Calculate Tax Collected at Source (TCS) for foreign remittances under RBI's LRS scheme.

Share this calculation:

Documentation

Quick Summary: LRS TCS Calculator

For FY 2026-27, foreign remittances under LRS attract TCS up to 20% on amounts above ₹7 Lakhs. Educational loans get a concessional 0.5% rate. TCS is an advance tax that you can claim back in your Indian ITR.

Related Calculators

LRS Remittance Tracker

NRO Repatriation Limit

International Remittance Estimator

Regulatory Disclaimer · FY 2026-27

Last verified May 2026

Statutory Disclosure

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.