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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

TCS

Regulation & tax
Also called: Tax Collected at Source

Tax Collected at Source — tax taken on LRS remittances above a threshold, recoverable against your liability when you file.

In plain terms

Less a cost than a cash-flow delay: the money comes back at filing but is blocked until then. Nothing to do with the IT company that shares the initials.

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Indian stock market glossary · Market Vidyalaya