5 Foreign Travel Destinations Where Currency Won’t Pinch An Indian Traveller
In Budget 2023-24, the government announced a tax collection at source (TCS) of 20 per cent on foreign tour packages.
A couple of days ago, a lot of controversy erupted over credit card payments being brought under the ambit of liberalised remittance scheme (LRS), which meant that credit card payments made abroad would also attract a TCS of 5 per cent without any threshold.
We have, however, seen a partial rollback with international debit and credit card spends of up to Rs 7 lakh now being made exempt from TCS.
However, foreign trips still remain expensive, especially with the rupee falling against the dollar.
For travellers from India, exploring places where the Indian rupee holds a stronger position can make for an even more delightful vacation.
Here, we present five destinations where the Indian rupee’s strength will allow you to experience more without breaking the bank.
Indonesia
Re 1 = 180 Indonesian Rupiah
Indonesia, with its fascinating archipelago, mesmerising landscapes, and vibrant culture, is a must-visit destination where the Indian rupee holds strong.
The Indonesian rupiah provides excellent value, making it possible for Indian travellers to enjoy luxurious accommodations, relish local cuisine, and immerse themselves in the diverse markets and bustling streets without straining their budget.
From the idyllic beaches of Bali to the historical wonders of Yogyakarta and the mystical temples of Borobudur, Indonesia beckons with affordable allure, offering a wealth of unforgettable experiences.
Vietnam
Re 1 = 283.09 Vietnamese Dong
Vietnam, a country of breathtaking beauty and captivating history, is another destination where the Indian rupee holds strong.
With its bustling cities, serene landscapes, and warm hospitality, Vietnam offers a mesmerising blend of cultural experiences.
The Vietnamese dong provides Indian travellers with a favourable exchange rate, enabling them to savour delectable street food, explore ancient temples, and embark on unforgettable adventures without feeling the pinch.
From the bustling streets of Hanoi to the Unesco World Heritage Site of Ha Long Bay and the ancient town of Hoi An, Vietnam invites the traveller to discover its magic without breaking the bank.
Nepal
Re 1 = 1.59 Nepalese Rupee
For Indian travellers seeking a quick escape, Nepal is a neighbouring paradise where the Indian rupee stretches far.
Nestled in the lap of the majestic Himalayas, Nepal offers a wealth of outdoor activities, spiritual experiences, and awe-inspiring landscapes.
From trekking in the Annapurna region to exploring the historic city of Kathmandu and discovering the tranquillity of Pokhara, Nepal’s accessibility and favourable exchange rate makes it an ideal destination for the budget-conscious Indian tourist.
Immerse yourself in the rich culture, vibrant festivals, and warm hospitality of this enchanting country without straining your wallet.
Sri Lanka
Re 1 = 3.69 Sri Lankan Rupee
Sri Lanka, the pearl of the Indian Ocean, enchants visitors with its pristine beaches, lush tea plantations, and vibrant cultural heritage. The Sri Lankan rupee offers excellent value for the Indian rupee, allowing Indian travellers to indulge in luxurious resorts, sample authentic cuisine, and embark on wildlife safaris without straining their budget.
Whether it’s exploring the ancient ruins of Sigiriya, visiting the sacred Temple of the Tooth in Kandy, or relaxing on the golden shores of Mirissa, Sri Lanka provides a captivating and affordable experience.
Discover its historical sites, vibrant festivals, and abundant wildlife while enjoying the favourable exchange rate.
Cambodia
Re 1 = 49.45 Cambodian Riel
Known for its awe-inspiring ancient temples, Cambodia is a treasure trove of history and natural beauty.
The Cambodian riel offers a favourable exchange rate for the Indian rupee, enabling Indian travellers to explore the majestic Angkor Wat complex, cruise along the Mekong river, and immerse themselves in the vibrant markets of Phnom Penh without breaking the bank.
Cambodia’s affordability, coupled with its rich cultural heritage, makes it an attractive destination for Indian tourists seeking an exotic and budget-friendly adventure.
Experience the grandeur of Angkor Wat, uncover the tragic history of the Khmer Rouge, and explore the charming riverside town of Battambang while enjoying the value of the Indian rupee.
Exploring the world is a dream for many, and finding destinations where the Indian rupee holds strong adds an extra element of excitement.