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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…
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
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
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
Pakistan's remittances decrease 10.5% in Sept
Pakistan's remittances decrease 10.5% in Sept
Remittances from overseas Indians increased by 12% $100 billion in 2022: Sitharaman
Speaking at a session during the Pravasi Bharatiya Divas (PBD) convention in Madhya Pradesh's Ind…
PTI
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…
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
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…
MoneyGram wants to use stablecoin USDC to 'build a bridge to crypto' for money transfers — even after the Terra meltdown
Meanwhile, MoneyGram wants to get involved in bitcoin transfers to El Salvador, CEO Alex Holmes tol…
Zahra Tayeb
Capgemini says nearly half the world will be using cryptocurrencies to send money in the next two years — a revolution led by remittances
A new report by Capgemini estimates that around 45% of users will be using cryptocurrencies to make…
Xiaomi says it is disappointed after ₹5,551.27 crore seizure order is upheld, claims the remittances are legitimate
In a major setback to Chinese smartphone maker Xiaomi, an appellate authority upheld the Enforcemen…
El Salvador will exempt foreigners from paying bitcoin taxes to encourage investment, report says
After a bumpy rollout, El Salvador is the first country in the world to accept bitcoin as legal ten…