TCS Tax or tax collected at source could just be the nail in the coffin for the travel industry. TCS is a 5% tax collected at source, imposed on payments made by passengers for foreign travel done via Indian travel agencies, both offline and online. However, keep in mind TCS is not applicable if a passenger books directly with a foreign travel entity.
But the battle is not over as the tax is completely unfair. With an expectation of 60% diversion of Indian outbound trade, we call upon you to show solidarity and stand up to fight this fight with us to Save The Travel Industry.
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