Search For "remittances"
US President Trump's 5% tax on remittances to significantly impact Indian
Updated : 9 months, 4 weeks ago IST
US President Donald Trump's decision to impose a 5 per cent tax on international remittances sent by non-citizens will significantly impact Indian households, said Global Trade Research Initiative (GTRI), a trade-focused research Group, in its latest report.
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Banking services to be affected from March 22-25 as union calls for nation
Updated : 12 months ago IST
Pankaj Kapoor, VP, All India Bank Officers Confederation (AIBOC) told ANI, "Banking services will be interrupted for four days starting from March 22 and March 23 is Bank holiday and 24-25 March is strike. Due to this banking services like clearing house, cash transaction, remittances, ad
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ED uncovers Rs 10,000 crore remittance alleged scam involving dummy firms,
Updated : 1 year, 2 months ago IST
The Directorate of Enforcement (ED), in its ongoing investigation into illegal foreign remittances, has uncovered a network of 98 alleged dummy partnership firms and 12 private limited companies.
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Imran Khan warns of 'civil disobedience movement' if demands are unmet by
Updated : 1 year, 2 months ago IST
The former Pakistani Prime Minister threatened that if the demands are unmet, the civil disobedience movement, "boycott of remittances", will be launched, Imran Khan said in a statement.
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Imran Khan threatens to stop remittances to Pakistan if demands are unmet
Updated : 1 year, 2 months ago IST
Imran Khan's sister spoke to the media outside Adiala Jail, stating that the founder reiterated his stance that a judicial commission comprising three Supreme Court judges must be formed, and innocent prisoners should be released.
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Services tax surplus and robust remittances may help India in overcoming t
Updated : 1 year, 3 months ago IST
The tariff hikes proposed by Donald Trump may pose threat to India's exports but the country's surplus in services trade and robust remittances flow may provide comfort, highlighted a report by CRISIL.
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EbixCash Partners with iPiD to Secure Cross-Border Remittances for Indian
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], August 31: EbixCash has announced a strategic partnership with iPiD to enhance the security and accuracy of cross-border remittances for Indian students studying abroad. This collaboration will allow students and their families to verify the names and bank accou
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BookMyForex Rolls out Zero Fee Remittance and Bundled Deals for Internatio
Updated : 1 year, 7 months ago IST
Gurgaon (Haryana) [India], August 1: BookMyForex, India's largest online retail foreign exchange platform, is excited to unveil the "BookMyForex Student Offer", presenting bundled deals tailored specially for Indian students heading abroad as the new academic term begins. The exclusive offer
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India accounts for nearly half of the global digital payments: RBI report
Updated : 1 year, 7 months ago IST
India holds 48.5 per cent share in the global real-time payments volume, according to the Reserve Bank of India (RBI) report released on Monday
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India's current account turns surplus in Q4 2024, from deficit in Q3 2024:
Updated : 1 year, 8 months ago IST
This is a significant shift from the USD 8.7 billion deficit (1.0 per cent of GDP) reported in the third quarter, and a notable improvement compared to the USD 1.3 billion deficit (0.2 per cent of GDP) in the fourth quarter of the previous fiscal year.
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Illegal foreign remittances case: ED arrests aide of international Hawala
Updated : 1 year, 8 months ago IST
The Enforcement Directorate (ED) has arrested a member of an international Hawala syndicate, active in Delhi, under charges of money laundering in an illegal foreign remittances case.
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India sets record with over USD 111 bn in remittances in 2022: UN report
Updated : 1 year, 10 months ago IST
The International Organisation for Migration (IOM) unveiled its World Migration Report 2024, highlighting India's exceptional feat among other notable trends in global migration.
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