Yes Bank withdrew its dollar debt plan as investors sought higher yields. RBL Bank also postponed their dollar bond issuances. These lender...

In June, the total outward remittances under the Liberalised Remittance Scheme soared to $2.5 billion. Notably, Indians disbursed $1.3 bill...

UPI has completed 10 years, with annual transaction value soaring from ₹0.07 lakh crore in FY17 to around ₹314 lakh crore in FY26. Transact...

India and the Gulf Cooperation Council reviewed free trade agreement negotiations in Riyadh. Discussions focused on strengthening bilateral...

Some large private banks and law firms are assisting Indian families with offshore family offices. These institutions are navigating regula...

Individuals classified as Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) are restricted from opening standard resident sav...

Establishments can now enrol previously uncovered employees under EPF. This Employees' Enrolment Campaign 2026 offers a one-time opportunit...

Non-Resident Indians are allowed to set up joint FCNR (B) accounts with their resident family members. These accounts must function on a 'F...

When selling Indian assets, be cautious of the potential tax implications linked to your country of residence. Tax obligations can vary bas...

The tax probe has found that a substantial portion of the money moved to a handful of overseas destinations. Singapore, the UAE, Hong Kong,...

Based on ground intelligence and analysis of data, Income tax dept Income tax dept has identified suspicious entities who sent money abroad...

The Income Tax Department has launched a nationwide verification exercise into suspicious foreign remittances after identifying several ent...

Qatar Post, in partnership with India Post, has launched PosTransfer, a new remittance service aimed at simplifying money transfers. This s...

Indian residents' outward remittances have significantly increased, reaching a record USD 31.73 billion by FY2023-24. Digital reforms and i...

India faced a significant balance of payments deficit in the first quarter, reaching $8.1 billion. This setback was predominantly due to ca...

India's balance of payments account recorded an $8.1 billion deficit in the first quarter. This shift occurred as overseas investors withdr...

Several offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-...