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CA turns positive on remittances
19 Jul 2025 03:41 GMT
… from rising imports and weaker remittance inflows.
The turnaround was … growth in workers' remittances and a modest rise in … robust inflow of workers' remittances, which surged to $38. … strong inflow of workers' remittances, reaching $38.3 billion …
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UPI-PayNow remittance link expands to 19 banks, boosts India-Singapore digital transfers
19 Jul 2025 02:38 GMT
… convenience of cross-border remittances between India and Singapore. … Indian banks supporting inward remittances through the UPI- … reach of real-time remittances and supporting greater financial … friendly solution for frequent remittances.
Published On Jul 19 …
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Mexicans in US can avoid remittance tax with government Finabien cards, Sheinbaum says
19 Jul 2025 02:02 GMT
… United States avoid the new remittance tax.
Sheinbaum recommended the new … transferred using authorized institutions. Additionally, remittances can be made more economically … in the United States. Sending remittances only requires a destination and …
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FIRS, OAGF partner to tackle glitch in VAT, stamp duty remittances
18 Jul 2025 20:45 GMT
… -General General to ensure seamless remittance of Value Added Tax and … in withholding tax deductions, VAT remittances, and stamp duty administration from … hindering optimal tax collection and remittances,” he said.
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Trump’s Remittance Tax Will Boost U.S. Coffers, Cost India Billions
18 Jul 2025 19:19 GMT
… ripple effects. For many households, remittances fund essentials such as education … consumption and currency stability.
The remittance tax has undergone several revisions … the earlier, narrower proposal. If remittance behaviors remain unchanged, the government …
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UAE: Al Ansari Exchange Offers Customers Up To Dh60 Cashback After Remittance Delay
18 Jul 2025 19:02 GMT
… impacted by the recent remittance delays have received cashback … UAE's largest remittance and foreign exchange company, … Khaleej Times that the remittance delays experienced on July … on customers' next remittance transaction,” the company added.
…
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Dollar shortage worsens despite record remittances and surplus
18 Jul 2025 07:18 GMT
Despite record-high remittances and a current account surplus, …
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Remittances to Uzbekistan jump 27% to $8.2bn in 1H25
18 Jul 2025 06:12 GMT
… 78% of all incoming remittances, or approximately $6.4bn … attributed the rise in remittances to several factors: stronger … more developed economies.
Notably, remittances from the UK doubled … migration to wealthier countries.
Remittances remain a vital part …
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Bangladesh receives $1421m remittance in 16 days of July
18 Jul 2025 04:15 GMT
Bangladesh receives $1421m remittance in 16 days of July
… sent around US$1421 million remittances during the first 16 days … amount reflects a daily average remittance of $88.21 million sent … year, the country's remittance inflow was US$1319 million …
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United States: OBBBA Introduces New Excise Tax on Remittance Transfers
18 Jul 2025 02:03 GMT
… at the time of the remittance transfer. Remittance transfer providers are then … or stablecoins.
Exceptions for certain remittance transfers
Section 4475 specifically excepts … foreign exchange service providers and remittance businesses, and certain retailers …