You Searched For "fund remittances" and got 20 results
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2 mins read
Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official
The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…
PTI
3 mins read
India tops global remittance charts at $125 billion in 2023: World Bank report
According to the World Bank, the report highlights India's significant position as the top remittan…
ANI
2 mins read
Budget proposes hike in TCS on overseas travel, fund remittances out of India to 20%
Also, 20 per cent TCS will be applicable in cases where funds in excess of Rs 7 lakh are sent out o…
PTI
3 mins read
Explained: TCS on your child's overseas education and mitigating strategies
If you're currently in the midst of securing funds for your children's international higher educati…
4 mins read
20% tax on foreign remittances make foreign investments unviable for retail investors
Budget announcement of 20% tax on foreign investments to make investments in the US markets less ap…
2 mins read
Income tax department updates Form 26AS, now includes mutual fund purchases, foreign remittances and more
India’s income tax department has updated the Form 26AS to include more information such as off-mar…
2 mins read
Groww wants to scale its US trading platform but these are the hurdles
The problem, however, is not on Groww’s end but rather on dependencies that have been created so…
2 mins read
El Salvador will give $30 in bitcoin to citizens who download the government's crypto app before the token becomes legal tender in September
President Nayib Bukele in a national address explained how bitcoin will work for the country's 6.5 …
Isabelle Lee
2 mins read
Staring at a financial crisis, Pakistan's new PM Imran Khan asks overseas citizens for funds
Pakistan’s fiscal and trade deficits have skyrocketed as imports have far exceeded exports, ta…
2 mins read
DCB Bank sees significant jump in foreign remittance services on coronavirus pandemic
"Since March 15, our volumes on outward remittance services have increased many fold. There is a si…
PTI
1 min read
India's forex reserves continue to grow hitting a record high of $454.49 billion
The forex kitty had risen by USD 2.342 billion in the previous reporting week to USD 453.422 bi…
PTI
4 mins read
5G ambulances act as ICUs on bed, says medical provider Medulance who secured ₹2 crore funding on Shark Tank India
Medulance is a Delhi-based medical service provider with over 7500 ambulance fleets leveraging 5G t…
4 mins read
Inadvisable shortcut, a step too far, and dire consequences — the IMF warns countries against using Bitcoin as a national currency
The IMF termed El Salvador's take on Bitcoin as a ‘shortcut’. According to the fund, Bitco…
2 mins read
The SEC pushes back after Elon Musk accused the agency of harassment and withholding $40 million in funds
Elon Musk has accused the Securities and Exchange Commission of harassment but the regulator disagr…
Sam Tabahriti
2 mins read
London-based fintech Azimo just raised $22 million in venture debt from the European Investment Bank to tackle the $700 billion remittances market
Importantly, the EIB's funding costs are about as low as they get meaning that Azimo's venture debt…
Callum Burroughs,Callum Burro…
3 mins read
REMITTANCES EXPLAINED: How funds are transferred across borders, and why digital is poised to disrupt this century-old industry
Three remittance companies - Western Union, MoneyGram, and Ria - have dominated this market for yea…
Evan Bakker
2 mins read
El Salvador's Chivo bitcoin wallet gets a new software developer after complaints about ID theft and disappearing funds
El Salvador will use crypto software developer AlphaPoint to deal with problems that its bitcoin wa…
Hamza Fareed Malik
3 mins read
The Battle For Control Of International Remittances Heats Up
REMITTANCE WARS - MONEYGRAM, WESTERN UNION VS. WAL-MART, FACEBOOK: MoneyGram and Western Union, gi…
John Heggestuen,Keith Griffith
2 mins read
Currencycloud snags $80 million in funding as it looks to enter the Asian market
A number of fintechs, most notably UK-based TransferWise, have sought to take advantage of this by …
Mekebeb Tesfaye
2 mins read
Indians deposited 50% more funds in Swiss banks last year
While Swiss banking authorities have made efforts to clean up the sector and make it more compli…