remittances

The Ministry of Finance on Wednesday night extended the deadline for the implementation of a new rule that mandated 20 per cent tax collected at source (TCS) on foreign remittances. The increase in the TCS rate from 5 per cent,…

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Remittances from the Indian diaspora in the US surged through the Covid months that saw a contraction in inflows from the traditional Gulf stronghold as jobs, contact-intensive and outdoor-oriented, were lost in West Asia through the…

The share of inward remittances from Gulf nations dipped sharply during 2020-21 on account…

Anti-China sentiment has grown in India, sparking calls for consumer boycotts of Chinese products like electronics giant Xiaomi. India seized…

© Reuters. Staff members stand near the company logo at a Xiaomi store in Shanghai, China November 1, 2021. REUTERS/Aly Song/Files By Aditya Kalra NEW DELHI (Reuters) -India said on Saturday it had seized $725 million from the local…

Credit: CC0 Public Domain Coinbase Global Inc., the biggest U.S. cryptocurrency exchange, is wading into the international money-transfer…

Mumbai: Urban to rural remittances were largely unscathed through the third Covid wave, with such transfers rising 5-10% at the end of January over December. Most remittance companies ET spoke with said the third wave had little impact on…

COMACHUEN, Mexico (AP) — Mexico’s remittances — the money migrants send home to their relatives — have…

© Reuters. A former member of the Tongan Parliament is behind a proposal to make (BTC) legal tender in the tiny Pacific nation of Tonga, following in the footsteps of El Salvador. It’s due for a vote in Parliament in May and the…