News

While FY25 has been a success story, sustaining this trend won’t be easy. Bangladesh’s remittance economy relies heavily on ...
To calculate the amount of GST/HST to remit, multiply the revenue from your supplies (including the GST/HST) for the reporting period by the quick method remittance rate, or rates, that apply to your ...
Outward remittances under LRS saw an 8% increase, reaching $2.5 billion in April 2025, driven by a surge in international travel spending, which grew by 11% annually. Investments in foreign securities ...
Commentary: Trump’s remittance tax is a cruel double-tax on immigrant’s dignity Posted: Jun 24, 2025 Slug: BC-TRUMP-REMITTANCE-TAX-COMMENTARY:TB (ATTENTION EDITORS: 1 photo accompanies this ...
Pesa Acquires UK’s Authoripay to Expand Global Remittance CapabilitiesCross-border financial platform Pesa has announced its acquisition of Authoripay, a UK-based payment service provider. TORONTO, ...
United States: Plan For Remittance Tax Sparks Global Concerns | Global Finance MagazinePart of the “One Big Beautiful Bill” Act currently before the US Senate, the levy would affect 40 million to 50 ...
The Kenyan shilling was steady against the dollar on Thursday compared with the previous session, supported by some remittance hard currency inflows, traders said.
clear sky Opinion: Congress Should Just Say No to a Remittance Tax – Stephen Moore The House-passed “big, beautiful” tax bill is a tremendous achievement and a giant sparkplug for growth.
Remitly Global, Inc. RELY is expanding its global remittance ecosystem by connecting banks, agents and digital wallets across 170 countries to enable faster, more transparent money transfers.
The Consumer Financial Protection Bureau announced that it has entered into a Consent Order with Chime Inc., a nonbank fintech company, to settle alleged violations of the Electronic Fund Transfer ...
The Reserve Bank of India (RBI) is set to tighten regulations on overseas remittances by resident Indians, preventing the parking of funds in foreign currency deposits with lock-in periods. This move ...