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

The Union Budget 2026 introduces income tax and customs reforms, aiming to simplify compliance and build trust between taxpayers and the State.

For the past couple of years, taxpayers have been struggling with very high TCS rates on foreign remittances above INR 10 lakh under the Liberalised Remittance Scheme.

The Budget has also proposed lowering the TCS rate on expenses incurred for pursuing education and for medical treatment abroad under the liberalised remittance scheme ...

Remittance inflows to Sri Lanka are expected to continue their upward trajectory this year, as approximately three million Sri Lankans residing abroad are anticipated to remit increased amounts to ...

MUMBAI – India’s central bank is moving to tighten its grip on how resident Indians send money abroad, with new rules expected to bar them from holding foreign currency deposits that have fixed terms ...

Nepal, Feb. 4 -- Amid an impressive growth in remittance inflows, the outflow under the same heading is found to have increased by 52.73 percent in the first six months of the current fiscal year (FY) ...

As Sri Lanka marks its 78th Independence Day, HNB PLC continues to support Sri Lankans living and working in the UAE by ...

Remittance hit a nine-month high of $3.17 billion in January ahead of Ramadan and the national election scheduled.