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  • As per RBI norms, the GST is applicable as per travellers.
  • This amount is calculated considering one traveller. You can further add/edit travellers in preconfirmation page which can impact the total amount.
  • You may block foreign currency by paying 2% of total transaction value. This blocked rate will be valid for 2 working days.
  • As per RBI norms, the GST is applicable as per travellers.
  • This amount is calculated considering one traveller. You can further add/edit travellers in preconfirmation page which can impact the total amount.
  • You may block foreign currency by paying 2% of total transaction value. This blocked rate will be valid for 2 working days.
  • Disclaimer Note for TCS
    (i) Tax Collection at Source (TCS) at the rate of 0.5% or 5% as applicable will be levied under section 206C(1G)(b) of the Income Tax Act on remittance on account of Education purpose or Medical purpose, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    (ii) Tax Collection at Source (TCS) at the rate of 20% will be levied under section 206C(1G)(b) of the Income Tax Act on all other remittances not covered in (i) above without any threshold limit in a financial year under the Liberalised Remittance Scheme of the Reserve Bank of India.The TCS collected will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for non-refund of TCS
    In the event of cancellation of services and refund of amount, Tax collected at source under section 206C(1G) of the Income Tax Act, 1961 shall not be refunded. The non-refunded TCS will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for TCS
    (i) Tax Collection at Source (TCS) at the rate of 0.5% or 5% as applicable will be levied under section 206C(1G)(b) of the Income Tax Act on remittance on account of Education purpose or Medical purpose, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    (ii) Tax Collection at Source (TCS) at the rate of 20% will be levied under section 206C(1G)(b) of the Income Tax Act on all other remittances not covered in (i) above, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    The TCS collected will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for non-refund of TCS
    In the event of cancellation of services and refund of amount, Tax collected at source under section 206C (1G) of the Income Tax Act, 1961 shall not be refunded. The non-refunded TCS will be reflected in the 26AS of the payer for claiming Income Tax credit.
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Dear Customer,the selected currency is not readily available,hence cannot proceed ahead with this transaction. Our expert will contact you for further assistance or you can also call us on toll free no 1800-2099-100.

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Currency Exchange in Kozhikode

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Frequently asked questions INR to USD

Which currencies are traded in the forex market that can be easily used for transaction?
The majority trade that happens across the globe is the most liquid currency pairs that are divided into 4 main currencies - EUR/USD (Euro/Dollar), USD/JPY (Dollar/Japanese Yen), GBP/USD (British Pound/Dollar), USD/CHF (Dollar/Swiss Franc).
What are the main factors that can affect the currency rate as well as the forex market?
There are various factors that can affect currency rate in the market including inflation rates, interest rates, government debt, terms of trade, and relative strength of other currencies, recession, and change in competitiveness, government intervention and many more.
How are international exchange rates set?
International exchange rates are displayed in one unit of a currency that can be exchanged for the other currencies. Currency exchange rates may float as they change continually based on the multiple factors. Supply and demand too affect the exchange rates to a great extend.
What are the key economic factors that can cause currency exchange in Kozhikode?
Currency exchange or trading takes place on various factors including global economics that determine a country's foreign exchange rate. Interest rate, economic growth, trade balance, inflation, commodity imports are few factors that impact the currency exchange in Kozhikode.
What is the best way to exchange foreign currency online in Kozhikode?
You can exchange currency online in Mumbai just 4 easy steps:
  • Choose your desired currency & amount.

  • Enter traveler details & delivery option.

  • Make payment online.

  • Get order confirmation .
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