Hi @Eric_Fernandes, Yes, In a given financial year, when your international transactions exceed ₹7 lakhs, a fee of 5% is charged for the incremental amount exceeding ₹7 lakhs. For multiple international transactions made in a day, TCS is deducted only once a day at the end of the day for the cumulative international transactions. For any further clarification kindly write to us at global@goniyo.com our team will be happy to assist you better.
Manisha_Radhakrishna
(Manisha Radhakrishnan)
4
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