The finance minister has come up with a latest update according to which there will be no change in the rate of TCS for the companies over the period of time. It is important to understand that this particular charge is charged on all the packages for international tours and the user will have to pay notwithstanding the fact he is paying through cash or to debit or credit cards. This payment is applicable for every amount to which is more than 7 lakhs for individual in a given year and it has been decided over the period of time that this amount of charge be definitely increase because it is becoming one of the most important forces of income for the government because they has been increase in the international travel over a long period of time and all of these policies a working to enhance tourism not only in India and from India as well.
It is important to understand that the implementation of all of the schemes will definitely help the government to increase the opportunities of work over the period of time so that a better chance of growth is provided. All of these implemented rates will definitely help to increase the amount of growth in the years to come and this is one of the most important perspective which has to be taken into account in all these years because this particular charge is directly deposited to the account of the government so that it is feasible for them to make things happen in advance.
It is important to understand that this particular charge will definitely be more on all the payments which have been made with the help of credit cards and if the payment has be made with the help of debit card there would be a relaxation offered by the banking and the financial institution which is definitely suitable for the countries as a whole. It is important to understand that the kind of success which has been made with the help of this particular phenomenon is very important and it will definitely have its own benefits over the period of time so that there is no looking back. The implementation of this particular scheme will be helpful to increase the level of satisfaction over the period of time and also benefit these in which a technology can be created over the time.
It is the most important strategy of the government which will aim to increase the revenue so that a better promotion of all the tourism places can take place without any kind of side effect. This will boost the economy to a great extent and will also try to promote the tourism but for some families it will be a major burden because it will increase the cost of travel but small difference will definitely help the country in the long period of time and this is one of the most important benefit which much always be taken into account