LRS TCS Calculator (Budget 2026)
Calculate TCS on foreign remittances under India's Liberalised Remittance Scheme. Budget 2026 reduced education/medical TCS to 2% and simplified tour packages to flat 2%.
Try it nowFree, localized tax planning tools updated for the 2026 financial year in India.
Three Indian payroll and tax questions have distinct 2026 rules. The CBDT's eight-city HRA notification gives Bengaluru, Pune, Hyderabad and Ahmedabad the 50% metro exemption tier. Budget 2026 cut TCS on eligible foreign education and medical remittances to 2% above the ₹10 lakh threshold. The Labour Codes use a 50% excluded-remuneration add-back when computing defined wages; they do not order every employer to set basic pay at half of CTC. A separate EPFO change raised the standard capped contribution wage from ₹15,000 to ₹25,000 a month on 17 September 2026. The wage checker uses the salary components you enter and does not promise a take-home pay cut.