Says Mayank Mohanka, Chartered Accountant and founder of TaxAaram, "International credit card spending by individuals, including purchases of overseas tour packages while abroad, will continue to be exempt from the LRS limit and TCS, until further notification. Maintaning status-quo provides relief to Indian travelers using their international credit cards abroad. However it brings back differential TCS treatment for foreign spending through international debit cards, prepaid forex cards, and direct purchase of foreign exchange, compared to international credit card spending."