A potential peace deal between the US and Iran offers hope for India's real estate and construction sectors. Developers are watching oil pr...

Indian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...

India's global equity market capitalization ranking has dropped to seventh as foreign investors shift focus to AI opportunities in Taiwan a...

Indian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...

Founders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...

Studying abroad involves more than just academic merit; it's a significant financial investment. Indian students often underestimate hidden...

India's essential remittance inflows are confronting an extraordinary obstacle. The intensifying turmoil in West Asia is fueling anxiety am...

A new US bill introduces a 3.5% excise tax on overseas remittances from non-citizens, including NRIs and immigrants, effective January 2026...

Budget 2025 has proposed higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS). The new thresholds will aid ...

Budget 2025 proposes increasing threshold limits for tax deducted at source (TDS) across various income categories, benefiting small taxpay...

Here is the rate you will be charged for foreign remittances under LRS below and above Rs.7 lakh.

The Indian government has clarified that remittances for education and medical treatment expenses will cover associated costs like internat...

This is the first time annual remittance outflows contracted since 2015 when the Reserve Bank of India (RBI) doubled the annual limit for s...

RBI has tightened the rules for remitting money abroad under the Liberalised Remittance Scheme and made PAN mandatory for anyone using this...

With about USD 70 billion in remittances in 2013, India is the largest recipient of officially recorded remittances in the world.

Money transfer firm, Xpress Money is planning to move the Reserve Bank for a rupee drawing arrangement licence, a top company official has ...

The State Bank of India's share in cash remittances from overseas has jumped sharply as the bank aggressively expanded overseas and opened ...