The TCS Rate Should Be Reduced to 5% Even Without an Exemption Limit

Shipra Singh: There was a general discussion that the 20 20% TCS rate is quite high. The government even now has kept it unchanged what they've done is that they brought back the exemption limit which of us will be you know we will provide a relief to a lot of individual individuals. Shippla: I suggest that since now what has happened is Shippla that earlier before the union grade 2023 announcements the threshold limit of 7 lakhs was therefore all categories of LRS transactions. So and for all other LRS remittances sayyour investments in foreign stocks your stocks bonds at real estate, gifts abroad or loans abroad would kick in with the fact of first of October