remittance Archives | Page 5 of 6

New Form 12BAA empowers parents to claim TCS credit for overseas education remittances

The implementation of Form 12BAA marks a significant step toward tax transparency and financial support for families, facilitating easier TCS

Understanding income tax and account rules for NRIs

PPF Maturity and Savings Account Conversion: A PPF account also poses unique considerations If the account was opened before the

Beacon Remit transforms money transfers for indian immigrants in Canada

Beacon Remit’s innovative approach promises to streamline the remittance process, making it more accessible, affordable, and efficient for the growing

RBI clarifies education loan eligibility for OCI cardholders residing in India

This clarification from the RBI ensures that OCI cardholders residing in India can pursue education abroad without unnecessary obstacles, fostering

Tips for NRIs investing in Indian real estate

By keeping certain factors in mind, NRIs can make sound investment decisions and maximize the benefits of investing in Indian

Indians abroad send record over $100 billion in Remittances in 2022

India stands out as the origin of the largest number of international migrants worldwide, with substantial diasporas residing in countries

Record surge as NRI deposits skyrocket by 84.4% to $11.8 billion in April 2023-February 2024

This substantial rise marks a significant jump from the $6.40 billion recorded in the corresponding period of the previous year

Does the diaspora get back in return against its contribution to the country?

Despite the influx of an estimated $12.5 billion in 2023, equivalent to approximately 10.38 lakh crore rupees, concerns linger over

Indian American remittances soar to $125 billion, cementing India’s global lead

The World Bank’s Migration and Development Brief, unveiled on December 18, underscores India’s dominance in remittances, outpacing other leading nations

Kerala sees growth in remittance from abroad

Inflows from GCC countries exhibit signs of tapering, while experts highlight that other nations are compensating for the decline PRAVASISAMWAD.COM

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