Planning a foreign tour this year? Do it before April 1 to pay less tax
Updated : February 12, 2020 03:23 PM IST
In a recent move, the Union government has proposed to impose a 5 percent tax on foreign travel packages bought from tour operators with effect from April 1, 2020.
You should book your tour and front load remittances by March 31, 2020 to save the additional cash outflow.