However, now, as per the draft of the bill introduced in the Senate, the tax on remittance has been proposed to be further reduced to 1%. The most recent version of the Bill, released on Friday ...

According to the NRB report, during the mid-May to mid-June period alone, remittance inflow stood at Rs 176.32 billion, up from Rs 128.91 billion in the same period last year. In US dollar terms ...

Remittance inflow falls 5.86% in July Remittance inflow to Bangladesh fell 5.86 percent year-on-year to $1.97 billion in July, central bank data showed today.

New draft of U.S. law cuts remittance tax to 1%, exempts bank and card transfers The 1% tax will now apply only on remittances made in cash, a money order, or a cashier’s check ...

The U.S. Congress passes Donald Trump’s “One Big Beautiful Bill” on Thursday (July 03, 2025). The legislation, which takes effect on July 4, 2025, introduces a 1% levy on remittances made ...

Dubai: The Pakistani rupee (PKR) continued its downward trajectory, hitting a 19-month low in the interbank market against the US dollar on Monday. At the close of trading, the currency settled at ...

ISLAMABAD: Efforts have been started to encourage overseas Pakistanis to remit funds through official channels and increase annual remittance volume to $50 billion within five years. According to ...

US remittance tax relief on the cards! Non-Resident Indians or NRIs have reason to breathe a sigh of relief as the final draft of the ‘One Big Beautiful Bill Act’ proposes just 1% tax on ...

There will be no remittance tax if you pay by ACH transfer or debit card which most Indians use *That's what I understood Please share your opinion — Anil Gupta (@anil_am22) July 4, 2025 ...

MUMBAI (Reuters) -India's central bank plans to tighten rules for overseas remittances by resident Indians, barring them from holding foreign currency deposits with lock-in periods, two government ...

When the Pakistan Remittance Initiative (PRI) was conceptualised in 2008, formal remittances stood at only USD 6.5 billion, while an estimated USD 20 billion flowed through undocumented hawala ...