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Foreign currency payments such as digital subscriptions to publications or goods bought on foreign e-commerce sites through international credit cards will count toward an individual's Liberalised Remittance Scheme (LRS) account and attract 20% tax collected at source (TCS). However, if these purchases are made in Indian rupees, they will not be counted against LRS and face any TCS. Corporate cards given to employees for official expenditure overseas will also not attract TCS, as these expenses are covered under residual current account transactions outside the LRS.
A Type 2 hypervisor is typically installed on top of an existing OS, and it is called a hosted hypervisor because it relies on the host machine’s pre-...
What is the purpose of the Index Manager in RDBMS architecture?
Which of the following is not a commonly used database management system for web applications?
How many layers are there in a data warehouse?
Which Technology is used for collision detect in Local Area Network
‘/?’ is used for what in C++
Which of the following is a type of translator?
In a compiler, keywords of a language are recognized during
You have a positive-edge-triggered D flip-flop. If the current state is Q = 0 and the D input is 1, what will be the state after the clock edge?
Which command is used to display the contents of a file in a Unix/Linux system?