Usually exempt
Remittances for education (fees and hostel) are on the list exempt from Form 15CA/15CB under Rule 37BB.
Remittance & tax · with Indus Tax
Pay University Fees Abroad without TCS surprises
Sending tuition and living costs abroad involves the Liberalised Remittance Scheme (LRS), bank paperwork and Tax Collected at Source (TCS). Planned well, loan-funded fees carry no TCS and any TCS you do pay can be claimed back. Our CA team at Indus Tax handles it.
- LRS remittance documents
- TCS planning (nil if loan-funded)
- TCS credit via ITR
- Bank declarations prepared
Plan your fee remittance
Fee remittance & TCS help · ₹1,999
Avoid unnecessary TCS
Education remittances financed by an education loan from a financial institution attract no TCS under current rules.
Claim back what's collected
TCS on self-funded remittances is credited to your PAN and can be adjusted in your ITR.
Right paperwork
Form A2, invoices and declarations your bank asks for.
Best value forex
Compare bank wires, fintech transfers and forex cards.
Fees
Transparent pricing
All prices include GST. Third-party fees (visa, SEVIS, tests, university application fees) are paid directly to the authority.
Fee remittance & TCS planning
₹1,999
LRS remittance documents, TCS planning and credit claim guidance.
ITR filing for loan co-applicant
From ₹1,499
Salaried and business ITRs that lenders ask for.
How it works
Simple, step-by-step process
- 01
Plan the payments
Tuition, deposits and living costs mapped across financial years.
- 02
Choose the channel
Bank wire, partner transfer or forex card.
- 03
Prepare documents
A2 form, admission letter, fee invoice and declarations.
- 04
Claim TCS credit
We include it in the remitter's ITR.
Details
TCS on education remittances (current rules)
Thresholds apply per individual per financial year. Rules change in the Union Budget — we confirm before you remit.
| Source of funds | TCS | Notes |
|---|---|---|
| Education loan from a financial institution | Nil | Keep the loan sanction and disbursal proof |
| Own funds — up to ₹10 lakh in the year | Nil | Across all LRS remittances by the remitter |
| Own funds — above ₹10 lakh | 5% on the amount above ₹10 lakh | Credit available against the remitter's income tax |
Good to know
Form 15CA / 15CB for education fees
Bank requirements
Some banks still ask for declarations or Part-D forms — we prepare whatever your bank requires.
Other payments
Non-education payments abroad may need 15CA/15CB; our CAs can file them.
FAQs
Frequently asked questions
No. TCS is collected in advance and credited to the remitter's PAN. It can be adjusted against income tax or refunded through the ITR.
Education remittances are generally exempt from Form 15CA/15CB, but some banks ask for declarations. We'll prepare what your bank needs.
Resident individuals can remit up to US$250,000 per financial year under LRS for permitted purposes including education.
People also search
TCS on education remittanceTCS on foreign remittance for educationLRS education remittanceForm 15CA 15CB for education feeshow to pay university fees abroad from IndiaTCS refund
CA & finance (Indus Tax)
More ca & finance (indus tax) services
Talk to an expert
Get started with fee remittance & tcs help
Share a few details and our team will reply with a checklist, timeline and fixed fee — before you commit.
Mon–Sat, 9 AM–6 PM IST