TCS on Sakthi Priyan H

The Opportunity Cost of TCS

Sun, 10 May 2026 00:00:00 +0000

When I first learned about TCS on LRS remittances, my instinct was to stay below the ₹10 lakh threshold. Paying 20% TCS sounded like locking away a large portion of capital for more than a year.

But after computing the numbers carefully, I realized the situation was not as bad as it appeared—especially once Form 12BAA (now Form 122) allowed the TCS to be adjusted against salary TDS.

What is TCS on LRS?

When you remit money abroad under the Liberalised Remittance Scheme (LRS), the bank may collect Tax Collected at Source (TCS) during the transaction. This tax is collected when the remittance is executed.

Using Form 12BAA to Reduce Cashflow Drag on International Investments

Thu, 19 Mar 2026 00:00:00 +0000

How salaried Indians investing internationally via LRS can use Form 12BAA to reduce cashflow drag from TCS, optimize compounding, and avoid capital lock-in.

RealValue FX Engine

Sun, 15 Mar 2026 00:00:00 +0000

Calculate your true effective FX rate including hidden spreads and taxes, compare quotes across banks to minimize costs, track your ₹10L LRS limit via a browser-only transaction log, and compute your TCS refund opportunity cost.

Intelligent Family SIP Allocator: Cashflow Rebalancing with Tax & TCS Optimization

Thu, 19 Feb 2026 00:00:00 +0000

Discover how to intelligently allocate monthly SIPs across multiple family members, optimize for tax slabs, handle international assets with TCS, and rebalance portfolios using cashflow—all without selling existing holdings.