Know the tax on your forex before you compare quotes.
GST is charged on a notional value, not the full amount: 1% up to ₹1 lakh (minimum ₹250), ₹1,000 + 0.5% up to ₹10 lakh, ₹5,500 + 0.1% above that (value capped at ₹60,000). 18% GST applies on that value.
TCS applies once your total LRS spending in the financial year crosses the threshold. It appears in Form 26AS and can be claimed against your income tax.
Rates are set in our system from the current Finance Act. Confirm with your tax adviser for your own case.