Marginal relief under the new tax regime (Income above 7 lahks)
Yes, the marginal lift can be given under the new tax regime, however, maximum relief will be the amount which is above 7 lacks.
2603, 2023
2003, 2023
TCS on Foreign remittance for Education
any remittances towards meeting the living expenses (not a direct education expense) of students studying abroad will now face a TCS of 20%, if the parents fail to establish that the money has been sent for education purposes