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LRS TCS Calculator

Tax collected on money sent abroad from India. No login, nothing about you is collected.

All LRS transfers since 1 April, for any purpose except tour packages.

Only used for the US$250,000 yearly limit.

TCS your bank collects · FY 2026-27
₹1,00,000
20% on ₹5,00,000 above the ₹10 lakh yearly limit.
Total debited
₹16 L
amount sent + TCS
Sent in US$
$17,045
at ₹88
TCS-free room left
₹0
this financial year
LRS limit left
$232,955
of $250,000 a year
Yearly LRS limit used7%

TCS is not an extra cost. It is tax paid in advance: it shows in your Form 26AS and you can claim it against your income tax, or get it back as a refund when you file your return.

Illustrative estimate based on FY 2026-27 TCS rates under Section 206C(1G) as amended by Budget 2026. Your bank's treatment may differ. Not tax advice. Confirm with your bank or a tax adviser.

Your inputs live only in the page address once you change them.

How TCS on LRS works

When you send money abroad, your bank collects TCS (tax collected at source) and pays it to the tax department in your name. The first ₹10 lakh in a financial year is free of TCS; above that, the rate depends on why you are sending the money.

TCS = rate × (amount sent − TCS-free room left this year)

Planning to invest through GIFT City or a US platform? Compare the routes with the US Stocks Cost Calculator, or browse GIFT City brokers.

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