# Niyo Global 5% TCS per transaction

**URL:** <https://community.goniyo.com/t/niyo-global-5-tcs-per-transaction/12457>\
**Category:** Help\
**Created:** [July 10, 2022, 10:34am UTC](https://community.goniyo.com/t/niyo-global-5-tcs-per-transaction/12457 "2022-07-10T10:34:17Z")\
**Posts on this page:** 1\
**Showing post:** 4

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**Author:** ![Manisha\_Radhakrishna](https://sea1.discourse-cdn.com/flex021/user_avatar/community.goniyo.com/manisha_radhakrishna/32/16431_2.png) [@Manisha\_Radhakrishna](https://community.goniyo.com/u/Manisha_Radhakrishna)\
**Post date:** [July 10, 2022, 11:50am UTC](https://community.goniyo.com/t/niyo-global-5-tcs-per-transaction/12457/4 "2022-07-10T11:50:59Z")

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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](mailto:global@goniyo.com) our team will be happy to assist you better.

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