Much is made in policy circles about the role remittances can play in boosting economic development in Latin America. Proponents point out that the over US$60 billion in remittances that return each ...

The Finance Minister has hiked the tax collected at source limit from Rs 7 lakh currently to Rs 10 lakh in Budget 2025. Apart from hiking the threshold for TCS on foreign remittances, the government ...

MUMBAI – India’s central bank is moving to tighten its grip on how resident Indians send money abroad, with new rules expected to bar them from holding foreign currency deposits that have fixed terms ...

The current wave of aid cuts in the United States and Europe, along with the resulting financial crisis, should serve as a wake-up call. In response, African countries must take charge of their ...

With the new financial year underway, taxpayers should understand how various investment assets are taxed. Capital gains from selling assets like real estate, gold, or crypto are now taxed differently ...

WASHINGTON — The United States has officially enacted a new 3.5% tax on money transfers sent abroad by non-citizens, a move expected to significantly affect millions of families worldwide who rely on ...

Pakistan has locked itself into a "dangerous economic trap" by prioritising short‑term expatriate remittances and foreign aid ...

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Foreign remittance requirements put additional administrative burden on Indian law firms and strain their relationship with foreign associate firms, according to practitioners While nearly 90% of ...