India must take decisive action to create the comprehensive legislation that the crypto industry requires while mitigating ...

Governments have spent decades trying to stamp out informal money transfers. This will push payments back underground.

India's digital rupee goes global with cross-border pilots after 334% growth, yet faces adoption challenges domestically.

The Nepal-India Chamber of Commerce & Industry (NICCI) has raised a number of concerns with the Nepal Rastra Bank (NRB), ...

President Donald Trump’s “One Big Beautiful Bill” includes a 3.5 per cent excise tax on remittances sent abroad by non-US ...

India could consider countermeasures under the principle of reciprocity and tax outward remittances by US companies and ...

The U.S. House has passed a 3.5% remittance tax on funds sent home by immigrants, sparking concerns over economic impact in ...

Trump's One Big Beautiful Bill," a 1,116-page legislation, imposes a 5% tax on international money transfers by non-citizens, ...

This is in light of a new Trump policy that imposes a 5-percent excise tax on remittances flowing out ... Institute for Migration and Development Issues (IMDI) Executive Director Jeremaiah M.

Trump remittance tax: India could potentially lose up to $18 billion dollars annually in foreign remittances if US President Donald Trump’s proposed 5% remittance tax law comes into effect in ...

Trump's new tax proposal has triggered alarm across the globe, particularly in India, which has been one of the biggest beneficiaries of the US remittances. US President Donald Trump's decision to ...

As per the rules, the tax would be collected by banks and remittance service providers, who would remit the funds quarterly to the US Treasury. For India, the stakes are high. The country received ...