Tag Archives: tcs

Introduction of TCS at this stage will destroy tourism sector

benny thomas

by Benny Thomas, Director, Holiday Shop The Union government’s new proposal to collect Tax Collected at Source (TCS) from customers, will affect the travel and tourism industry very adversely. There is already a 5% GST on the holiday packages and an additional 5% of TCS will be a heavy burden for the prospective clients. So […]