Union Budget 2025: Fly in to heal... fly abroad more, it's taxman's treat

Feb 2, 2025 - 02:30
Union Budget 2025: Fly in to heal... fly abroad more, it's taxman's treat

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Indians will have more funds for overseas travel due to the hike in TCS exemption limit on foreign remittances to Rs 10 lakh from Rs 7 lakh. This change reduces the upfront outflow by Rs 45,000, potentially encouraging longer or more luxurious trips. Travel industry experts anticipate increased demand for higher-end travel experiences.

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