ClubAstra Events & Travels

ClubAstra organised a Reunion for the 1979 batch from Delhi Public School, RK Puram over the weekend of 3rd-4th February at Baweja Farms, Mannesar. The entire planning and ex*****on of the same from venue selection, guest list, cocktails & bar management, catering for all meals, live music, souvenirs etc. was done by ClubAstra. Here are some pictures from the event…

Just raise a glass to all the fun,
With ClubAstra, the adventure's just begun.
May your New Year be bright,
Filled with joy and delight,
As we journey together, as one!

In the new year, just travel afar,
With ClubAstra, you’ll enjoy your Safar…
From mountains so high,
To beaches nearby,
Adventure awaits, no matter how far!

Sending festive cheer your way! May your holidays be wrapped in joy, tied with laughter and sealed with moments of pure happiness.
Cheers and best wishes for 2024!!

May the divine blessings of Lord Rama, fill your lives with happiness and virtue…
Happy Dussehra!

We would like to inform you that the Union Budget 2023 has increased Tax Collection at Source (TCS) on foreign remittances under LRS (Liberalised Remittance Scheme) from 5% to 20% for all purposes except Education and Medical and will be effective from 1st October, 2023.

The TCS rates effective are as below:

Purpose of Remittance: TCS applicable from or after 1st October, 2023

1) Education where source of funds is education loan:
0.5% of the aggregate amount in excess of INR 7 lakhs

2) Education (funded by self) and Medical:
5% of the aggregate amount in excess of INR 7 lakhs

3) All other purposes under LRS (includes Travel):
20% of the aggregate amount in excess of INR 7 lakhs

“A nation’s culture resides in the hearts and in the soul of it’s people.”
-Mahatma Gandhi
ClubAstra wishes all its partners and patrons a very Happy Independence Day!

Relief for Indian Travellers as has change of heart!

New TCS rule to come into effect from October 1, 2023: Finance Ministry

https://economictimes.indiatimes.com/wealth/tax/new-tcs-rule-to-come-into-effect-from-october-1-2023-finance-ministry/articleshow/101345956.cms

Economic Times (ET) Mobile Applications - ET for Mobile Apps The Economic Times (ET) on iPhone, iPad, Android, Nokia, BlackBerry and other mobile applications to stay connected through ET Mobile News Services. Get complete access to Markets on The Economic Times (ET) Mobile apps and latest Market News, stock news on the go on your mobile.

As the retrograde 20% deadline approaches…

Travel companies seek 20% TCS deadline extension, say system not ready Travel companies and industry bodies in India are seeking an extension of the 1 July implementation date for a 20% tax at source on overseas tours due to a lack of proper mechanisms. Firms also want the threshold limit of INR700,000 ($10,750) that exempts tax to be provided for all travel services a...

20% TCS for credit card forex payments under the LRS from July 1, 2023
Budget 2023 has increased TCS for foreign remittances under the LRS from 5 per cent to 20 per cent (except for education and medical purposes). This rule will be effective from July 1, 2023.

At present, under LRS, remittances made for foreign education, via an education loan paid abroad, attract a TCS of 0.5 per cent for the amount transferred beyond Rs ..

Read more at:

Credit card forex payments come under LRS: You have to pay 20% TCS on these transactions from July 1, 2023 Credit card spending in a foreign currency will now be a part of LRS's annual limit of $2,50,000 per person. Further, it will be subject to tax collected at source (TCS). Budget 2023 has increased TCS for foreign remittances under the LRS from 5 per cent to 20 per cent (except for education and medi...

Vistara airlines will be merged with Tata-owned Air India by March 2024, the company announced today. Singapore Airlines, which owns minority share in Vistara in its joint venture with Tata, will own around 25 per cent of the enlarged Air India, into which it'll infuse over ₹ 2,000 crore.

For Vistara, the two owners "aim to complete the merger by March 2024, subject to regulatory approvals", said a Singapore Airlines release. Tata also owns low-cost carriers Air India Express and AirAsia India, both of which will be merged under the Air India brand, too, by 2024.

This will take the fleet size to 218, putting togetaher Air India's 113 with AirAsia India's 28, Vistara's 53, and Air India Express's 24. It will then be India's largest international carrier and second largest domestic carrier, Tata Sons said.

Vistara Merger Set, Here's By When "Enlarged" Air India Will Be Done Deal With Tata Sons as majority owner, Singapore Airlines will own around 25 per cent of enlarged Air India, into which it'll infuse over Rs 2,000 crore

Today we cherish the ones who made our independence possible…
Freedom is hard to get, but we are blessed to have it. Let's appreciate everything we have and celebrate the great miracle of freedom & a big salute to all the freedom fighters & soldiers who have sacrificed their lives for our Independence!
We wish you & your family a very Happy Independence Day 🇮🇳
Jai Hind!
https://youtu.be/79Y8wvwk28A

Jaya Hey 2.0 | 75 Artistes. 75 Years. One Song. | Harshavardhan Neotia | Sourendro-Soumyojit To celebrate the 75 glorious years of Independence and in keeping with the Government of India’s Azadi Ka Amrit Mahotsav, Ambuja Neotia chairman Harshavardha...

Happy , , , , , , , , , , , , to one and all. Today also marks the New Year in the & calendars. May Divine Grace be upon everyone and their loved ones...