TCS on education under LRS is 0.5%, yaar, and the limit is ₹7 lakhs per financial year—beyond that, it’s 5%. You can claim it back while filing your ITR. Honestly, I only know this because my neighbour’s son is in Canada, and his father, a retired teacher, is always worried about these "chalaans" on top of the bank loan EMI. For us, even that 0.5% feels heavy when you're paying interest already.
#money#career
Jump in to reply — no account needed.