TCS the travel company collects on a foreign holiday package, 2% from April 2026
Estimates only, not financial advice. What you type stays on your device. Checked against sources on 30 Oct 2026.A travel company selling an overseas tour package collects TCS from the buyer. From 1 April 2026 it is 2% of the whole price with no threshold, replacing 5% up to ₹10 lakh and 20% above. On a ₹3 lakh package the TCS is ₹6,000, which you claim against your income tax. Enter the package price to see the TCS and the total you pay.
FY 2026-27 · Rates and rules read from the sources listed on this page (the earliest on 30 Oct 2026); they may have changed since.
The page opens on Overseas tour package.
Enter the Tour package price.
Enter the tour packages already bought this year.
Read the TCS collected and the rate, and open Rates by year to compare years.
A resident individual can send money abroad under the Reserve Bank's Liberalised Remittance Scheme, up to USD 2,50,000 a financial year. When the amount crosses ₹10 lakh in a tax year, the bank collects tax at source (TCS) on the part above it. This calculator works out that TCS by purpose and shows what will leave your account.
| Purpose | TCS |
|---|---|
| Education from an education loan | Nil |
| Education from own funds, medical treatment | 2% above ₹10 lakh |
| Investment, gifts, family maintenance, other | 20% above ₹10 lakh |
| Overseas tour package | 2% of the whole price |
The year before. From 1 April 2025 to 31 March 2026, under section 206C(1G) of the 1961 Act, education and medical remittances paid 5% above ₹10 lakh, and tour packages 5% up to ₹10 lakh and 20% above. Pick that year to check a remittance already made.
The rest of the article, and all 6 questions about LRS TCS Calculator, are on the LRS TCS Calculator page.
Under section 394(1) of the Income-tax Act, 2025, as amended by the Finance Act, 2026: nil on education loans from a financial institution, 2% above ₹10 lakh for education from own funds or medical treatment, 20% above ₹10 lakh for other purposes, and 2% of the whole price on overseas tour packages.
No, for remittances under the Liberalised Remittance Scheme, whatever the purpose. The ₹10 lakh counts everything sent in the tax year, so a ₹4 lakh remittance after ₹8 lakh already sent is taxed on ₹2 lakh. Overseas tour packages are the exception: from 1 April 2026 the seller collects 2% from the first rupee.
No. Section 394(4)(b) says the bank shall not collect TCS when the amount sent is a loan from a financial institution for pursuing education. Fees paid from your own savings are different: they are charged 2% on the part above ₹10 lakh in a tax year from 1 April 2026, down from 5% before that.
From 1 April 2026 the seller collects 2% of the whole package price, with no threshold, so a ₹3 lakh package carries ₹6,000 of TCS. Until 31 March 2026 the rate was 5% up to ₹10 lakh and 20% above. The bank does not collect TCS again on money the tour seller has already charged it on.
Rates and rules change; check the source before you rely on a figure.
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Same job, other tools: Income Tax Calculator FY 2025-26 – Tax for the year ended 31 March 2026, for a return you are still filing · Income Tax Calculator FY 2026-27 (AY 2027-28) – Tax on your salary for the year that started on 1 April 2026 · STCG Calculator – Short-term gains: 20% on listed equity, your own slab rate on everything else.
On the related tools: GST Inclusive Calculator – Split a price that already includes GST into value and tax.
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