News

The financial landscape for Non-Resident Indians (NRIs) in the United States is set to shift with the passage of a bill by ...
The U.S. Senate's revised 'One Big Beautiful Bill Act' offers relief to NRIs by reducing the proposed remittance tax from 3.5 ...
The 1% remittance tax will not apply to remittance transfers made via bank accounts or money transfers using US-issued debit ...
In a significant move, the US Senate has passed a bill that introduces a 1 percent remittance tax on international money transfers made by non-US citizens, effective January 1, 2026. This includes ...
The US Senate in a huge relief to Non-Resident Indians (NRIs) cut the proposed remittance tax in Donald Trump’s ‘One Big ...
Trump’s One Big Beautiful Bill Act has slashed the proposed U.S. remittance tax to just 1%, bringing major relief for NRIs ...
If you’re looking to send money to India – to family, a business or to buy a property, for example – naturally, you will want to get as many rupees for your pound sterling as possible.
From July 4, the US will levy a 1% tax on money transfers abroad by non-citizens, including H-1B holders and Green Card ...
Emirates NBD, a Dubai government-owned bank, will soon impose fees on international money transfers. A charge of Dh26.25 will be applicable from September 1. This impacts services like DirectRemit, ...
Emirates NBD reassures customers that its DirectRemit service will continue to provide zero-fee money transfers to India, ...