Tax on remittance to be reduced to 1% for immigrants in US Trump's One Big Beautiful Bill includes a 'tax on remittances' paid by immigrants living in the United States.

Nepal received Rs 1,532 billion in remittances over the first 11 months of the current fiscal year, marking a 15.5% year-on-year increase, according to the Current Macroeconomic and Financial ...

Remittance hit $24b in FY24, highest in three years After hovering around the $21-billion mark for the previous two fiscal years, total remittances sent home by Bangladesh’s migrant workers ...

Proposed U.S. legislation reduces remittance tax to 1% for NRIs, excludes bank transfers, a relief for Indian community.

‘One Big Beautiful Bill’: Foreign remittance tax for Indians in U.S. The remittance tax rate was originally set at 5%, but was reduced to 1% in the final version of the Bill ...

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

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.

Big remittance cheer for NRIs! US Senate draft of Donald Trump’s ‘One Big Beautiful Bill’ reduces remittance tax to 1% from 3.5%; details here ...

A widely shared social media post noted, “There will be no remittance tax if you pay by ACH transfer or debit card which most Indians use,” echoing the relief among the Indian diaspora.

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 ...

The Pakistan Banks Association (PBA) strongly rejects misleading assertions in recent press coverage suggesting that government subsidies to banks under remittance incentive schemes serve no ...