All Posts (47)

Send CAD from India to a Canadian bank account: transit and institution numbers, big-five SWIFT codes, GIC and tuition timing, a worked CAD 10,000 example and TCS by purpose. How to Send Money from India to Canada (2026): Charges, Limits and Best Methods To send money from India to Canada you need the recipient’s five-digit […]

From 1 April 2026, education remittances funded by a Section 80E loan carry 0% TCS and self-funded ones 2% above INR 10 lakh. Which loans qualify, and a worked INR 30 lakh split. TCS on Education Loan vs Self-Funded Remittance: 0% vs 2% Explained If your overseas tuition is paid out of an education loan […]

What an RBI purpose code is, the six codes students and families use, how the code sets your TCS rate, and how to split a payment that mixes purposes. LRS Purpose Codes Explained: S0305, S1301, S1302 and When to Use Each A purpose code is the five-character RBI label on your Form A2 that tells […]

The LRS limit is USD 250,000 per resident individual per financial year. What counts toward it, how banks track it by PAN, minors, prohibited uses and TCS. LRS Limit FY 2026-27: How Much Money Can You Send Abroad from India? A resident individual can send up to USD 250,000 abroad in FY 2026-27 (1 April […]

If you have sent money abroad from India in the last few years, you have probably heard of Form 15CA and Form 15CB. These two forms have been the gatekeepers of certain outward remittances, particularly when a business or individual in India sends money to a foreign company or non-resident. From 1 April 2026, that […]

The Union Ministry of Finance has revised TCS rates on foreign remittances under the Liberalised Remittance Scheme. Here is everything you need to know, and how Fairexpay helps you save. What Is TCS on LRS? Tax Collection at Source (TCS) has been applicable since 1st October 2020 on all transactions under the Liberalised Remittance Scheme […]

 Prepare for relocating overseas with this expat checklist covering documentation, finances, healthcare, housing, and cultural preparation. Relocating overseas is an exhilarating step, yet the journey is only as rewarding as the prep work behind it. Every year, hopeful expats encounter obstacles—from dashed visa dreams to sudden budget shortfalls—because they failed to reckon with the details […]

Find the right foreign exchange provider by comparing rates, fees, regulatory compliance, customer support, and business-specific services. Choosing the Right Foreign Exchange (FX) Provider for Your Business Sarah was shocked when she ran the numbers. Her firm had relied on its bank for overseas payments and, without realizing it, was paying a 4 percent markup […]

 Discover strategies to expand your business internationally. Includes market research, legal considerations, currency handling, and setup tips. How to Expand Your Business Overseas: Your Ultimate Step-by-Step Guide Taking your business global is no longer a fanciful idea—it has become a necessity for long-term viability. Throughout my career, I have watched local firms evolve into international […]