LRS Tracker

Edit each family member's FY remittance — optimizer recalculates live

Family Total Remitted

₹2.05Cr

3 members · FY 2025-26

Total TCS Paid

₹35.00L

Refundable via ITR

TCS Opportunity Cost

₹4.20L

@ 12% return, 12m locked

Zero-TCS Capacity Left

₹0

Across all members

Family Members — Edit FY Remittances

Drag sliders to simulate different scenarios

Rajesh Mehta

Self

click to edit ✏️

FY remitted so far

₹92.00L

Above ₹10L → 20% TCS

₹0 (0% TCS)▲ ₹10L threshold₹2.5Cr (max)

USD used$110.2K

TCS paid₹16.40L

Eff. TCS%17.8%

Priya Mehta

Spouse

click to edit ✏️

FY remitted so far

₹85.00L

Above ₹10L → 20% TCS

₹0 (0% TCS)▲ ₹10L threshold₹2.5Cr (max)

USD used$101.8K

TCS paid₹15.00L

Eff. TCS%17.6%

Vikram Mehta

Son (Adult)

click to edit ✏️

FY remitted so far

₹28.00L

Above ₹10L → 20% TCS

₹0 (0% TCS)▲ ₹10L threshold₹2.5Cr (max)

USD used$33.5K

TCS paid₹3.60L

Eff. TCS%12.9%

LRS Utilization Gauges● = ₹10L TCS threshold

Rajesh Mehta

Self

LRS limit (USD)$250.0K

LRS remaining$139.8K

₹10L TCS bucket leftExhausted

Est. TCS deducted₹16.40L

₹82.0L above ₹10L threshold → every additional remittance = 20% TCS

Priya Mehta

Spouse

LRS limit (USD)$250.0K

LRS remaining$148.2K

₹10L TCS bucket leftExhausted

Est. TCS deducted₹15.00L

₹75.0L above ₹10L threshold → every additional remittance = 20% TCS

Vikram Mehta

Son (Adult)

LRS limit (USD)$250.0K

LRS remaining$216.5K

₹10L TCS bucket leftExhausted

Est. TCS deducted₹3.60L

₹18.0L above ₹10L threshold → every additional remittance = 20% TCS

Remitted vs ₹10L Threshold (₹L)

Family TCS Optimizer

Live simulation

Planned new remittance₹50.00L

₹5L₹5Cr

Single PAN

₹10.00L

Via Rajesh

Optimal split

₹10.00L

3 members

TCS saved

₹0

Already optimal

Current split is already optimal. Combined zero-TCS capacity: ₹0.0L

Purpose of remittance

Optimal allocation per member

Rajesh

So far: ₹92.00L+ ₹50.00L plannedTCS: ₹10.00L

Priya

So far: ₹85.00L+ ₹0 plannedTCS: ₹0 ✓

Vikram

So far: ₹28.00L+ ₹0 plannedTCS: ₹0 ✓

TCS Opportunity Cost — Full Formula Derivation

Expected portfolio return (p.a.)12%

6%25%

Months until ITR refund12m

3m24m

Step-by-step derivation

TCS locked with government

₹35.00L

Sum of TCS deducted by all banks

Convert annual return → monthly

= 0.9489% per month

(1 + 12%)^(1/12) − 1

Compound over lock-in period

= 1.1200× growth factor

(1 + 0.9489%)^12 months

Opportunity cost

₹4.20L

₹35.00L × (1.1200 − 1)

Expressed as basis points

1200.0 bps of drag

(₹4.20L ÷ ₹35.00L) × 10,000

Scenario	TCS Locked	Months Locked	Opportunity Cost	Drag (bps)
3 months	₹35.00L	3	₹1.01L	287.4
6 months	₹35.00L	6	₹2.04L	583.0
9 months	₹35.00L	9	₹3.10L	887.1
12 months ← selected	₹35.00L	12	₹4.20L	1200.0
18 months	₹35.00L	18	₹6.49L	1853.0
24 months	₹35.00L	24	₹8.90L	2544.0

Offset against advance tax

Apply TCS credit against advance tax installments (Jun 15, Sep 15, Dec 15, Mar 15) to reduce lock-in from 12m to 3–6m.

Cross-FY remittance split

₹30.00L can be remitted at 0% TCS (₹10L per person × 3 members) if timed across the FY boundary.

Family splitting saves upfront

Every ₹1L kept below the ₹10L threshold per PAN = ₹20,000 TCS saved = no opportunity cost on that ₹20K.