You Searched For "india remittances" and got 20 results
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2 mins read
India accounts for nearly half of the global digital payments, highlights RBI report
India holds 48.5% share in the global real-time payments volume, according to the Reserve Bank of I…
ANI
5 mins read
India received over $111 billion in remittances in 2022, first country to ever reach that figure: UN
The International Organisation for Migration (IOM), in its World Migration Report 2024 launched …
PTI
2 mins read
At $110 billion, Indian diaspora diverted more wealth than any other to its home country in 2022
While this is undoubtedly an impressive figure, it probably comes as no surprise, considering that …
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
Travel agents body calls for abolishing TCS ahead of its implementation from Oct 1
In a letter to the FM, TAAI President Jyoti Mayal said the TCS is a huge challenge for the tr…
PTI
1 min read
Paytm to invest ₹100 cr in GIFT City, to offer AI-driven cross border remittance
One97 Communications Limited (OCL) that owns India's leading payments and financial services compan…
1 min read
Paytm to invest Rs 100 Crore in GIFT City; plans to offer AI-driven cross border remittance
One97 Communications Limited (OCL) that owns the brand Paytm, India's leading payments and financia…
ANI
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…
2 mins read
UPI Lite wallet limit and transaction limits for feature phone users increased
The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…
2 mins read
Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL
India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…
ANI
3 mins read
Indian migrants to send home a record $100 billion in 2022 says World Bank
In its latest Migration and Development Brief, World Bank said remittance flows to India will rise …
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
2 mins read
BBC India survey indicated tax evasion on remittances, discrepancies in transfer pricing: Govt
The Income Tax Department gathered several evidences pertaining to the BBC India's operation which …
ANI
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
India's digital public infrastructure is transforming country's economic landscape, notes RBI
Built on principles of public good, open access, and regulatory fairness, India Stack has become a …
ANI
2 mins read
After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit
The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…
ANI
3 mins read
Oppo comes under DRI scanner for alleged customs duty evasion of ₹4,389 crore
Oppo has reportedly come under the scanner of the Directorate of Revenue Intelligence (DRI). The DR…
1 min read
RBI to allow opening of rupee account outside India
The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …
PTI
1 min read
Pakistan's remittances decrease 10.5% in Sept
Pakistan's remittances decrease 10.5% in Sept
3 mins read
Rise seen in financial inclusion index, jobs in the country, notes RBI
Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…