[ad_1] The July 2023 trade data indicates an improvement in the trade deficit – from negative 1.863 billion dollars to negative 1.607 billion dollars, a positive trend that was touted…
Tag: remittances
India Raises Tax on Outbound Remittances from October 1, 2023
[ad_1] Effective from October 1, 2023, the tax rate on outbound remittances from India will rise from five percent to 20 percent. This increase will impact funds sent abroad for…
Singapore’s Instarem sees huge inflow of diaspora remittances into India
[ad_1] Singapore-headquartered Instarem sees huge inbound flow of remittances into India, citing the World Bank projection that money sent home by the Indian diaspora will reach USD 100 billion a…
Migrants in UAE turn to crypto to send remittances home
[ad_1] They account for billions of dollars in remittances to their home countries, but most are manual workers who do not earn the 5,000 dirham (US$1,350) minimum monthly income required to…
Crypto Remittances to El Salvador Down 18% in Early 2023
[ad_1] Remittances in Bitcoin and other cryptocurrencies sent to El Salvador fell 17.8% during the first two months of 2023 compared to 2022, according to recent data published by the…
Opinion | The Coming Tax Revenue Reckoning
[ad_1] Politicians aren’t ready as signs point to budget trouble ahead. [ad_2] Source link