Remittances are payments sent from one person to another, usually from one country to another. Remittances are non-commercial, so no goods are being traded.

Carrie Brandon Elliot reviews questions and action plans generated by the January 1 effective date of a 1 percent tax on remittances from the U.S. to foreign recipients.

Many decades ago, Amir landed his first job working in a gleaming Singapore high-rise. He was making more money than before, but a long way from home and his family. He was thankful to be able to send ...

The Union Budget 2026 has cut tax collected at source (TCS) on overseas remittances and tour packages to a flat 2 per cent, ...

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A new financial mandate is reshaping how funds move internationally, with the first major compliance deadline passing this ...

Remittance inflow has continued to rise for the past few months, providing a breather for a country facing multiple challenges, including external payment pressures amid dwindling foreign exchange ...

The digital remittance ecosystem is experiencing significant changes as technological advancements, regulatory modifications, and shifting consumer preferences reshape global fund transfers. This ...

The Dodd–Frank financial regulation statute requires nearly 400 rulemakings.[1] As of January 2, some 60 percent of the rulemaking deadlines were missed, and a full third of the required regulations ...

ASUNCIÓN, Paraguay, May 29 (UPI) --A proposed 3.5% tax on remittances from the United States could cost some Latin American countries up to half a percentage point of gross domestic product, sparking ...

Allied Market Research published a report, titled, "Remittance Market by Remittance Channel (Banks, Money Transfer Operator, and Others), End User (Business and Personal) and Application (Consumption, ...

Bangladesh received $3.29 billion in March of the fiscal year 2024-25, which was the highest remittance inflow for a single month in the country's history.