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

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 ...

A proposed US bill, dubbed 'The One Big Beautiful Bill,' could impose a 3.5% remittance tax on money transfers from the US to ...