TCS when you send money abroad
TCS applies at 20% on money remitted under the LRS above ₹10,00,000 in a financial year. That threshold counts every LRS purpose together — travel, education, gifts and investing — not just what you send to invest.
Remit ₹15,00,000 across a financial year and TCS applies to the ₹5,00,000 above the threshold: ₹1,00,000.
TCS: a timing cost, not a fee. It is credited against your tax when you file your return; until then the money is out of your hands.