Valura

GIFT City · IFSC

FY 2025-26

In plain words: Find out how much tax is taken upfront when you send money abroad — and how to legally keep it as low as possible.

CalculatorFinance Act 2025 · Effective 1 Apr 2025

LRS & TCS Calculator

Understand your TCS liability on overseas remittances and discover how family optimization reduces your upfront cash outflow.

Your Remittance Details

Lakhs
₹1L₹50.00 L₹5 Cr

Enter in Lakhs (₹1L = 1)

TCS rate: 20.00% on amount above ₹10L threshold

Timing & Tax Payment Method

TCS refund via ITR — processed ~180 days after March 31 FY end

ITR refund cycle · Lock-up: ~9 months

TCS Liability

Your remittance of ₹50.00 L broken down

TCS-Free: ₹10.00 LTCS-Liable: ₹40.00 L

TCS-Free amount

₹10.00 L

TCS amount deducted

₹8.00 L

Effective TCS rate

16.00%

Net reaches GIFT City

₹42.00 L

Hidden IRR Cost

The real cost of capital locked in TCS refund

12%

IRR Drag Formula:

₹8.00 L locked × 12% × (9 months ÷ 12)

= ₹72,000 in lost returns

TCS locked upfront

₹8.00 L

Lock-up period

9 months

Opportunity cost

₹72,000

💡 If you pay advance tax, this ₹72,000 cost drops to ~₹12,000. Toggle “Do you pay advance tax?” above to see.

* Assumes ITR refund ~180 days after March 31 FY end. Actual timing depends on ITR processing speed.

Family Optimization

Route remittances through family members to fill each ₹10L bucket

MemberRemittedThreshold leftRoute here
YouYOU₹0₹10.00 L₹50.00 L
Total TCS (optimized)−₹8.00 L

Add spouse or adult family members above to unlock TCS savings. Each adult PAN gets its own ₹10L threshold under LRS.

Optimal Remittance Split

Stacked view of TCS-free vs taxable amount per family member

Real-time tracking

Valura automatically tracks your family's LRS in real time

Never overshoot your threshold again — live alerts, auto-optimization.

Open Account

Illustrative only. TCS rules per Finance Act 2025, effective 1 April 2025. Actual TCS deducted by your authorized dealer bank may vary. Consult your CA before acting on these calculations.

Advance tax offset assumes TCS amount is fully absorbable against advance tax liability. Consult your CA to confirm your specific advance tax position before relying on offset.