Foreigners & FTOs buying overseas packages from Indian operators exempted from TCS: Mehra

IATO has thanked the Government for withdrawing completely 5 percent Tax Collection At Source (TCS) charged on sale of overseas tour packages to foreign tour operators. Rajiv Mehra, President, IATO, said, “This means that both foreign individuals and FTOs (buyers) buying overseas tour packages from the Indian Tour Operators will be exempted from TCS provisions.”