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Business News/Topic/    Foreign Remittance

FOREIGN REMITTANCE

Get the latest Foreign remittance news, videos and headlines. Explore more for Foreign remittance breaking news, opinions, special reports and more on mint.
We need to earn enough foreign exchange consistently for the next decade to pay for crucial imports. Premium

Ajit Ranade: India needs more sectors to be reliable dollar earners

4 min read . 23 Dec 2024
Cross-border transfers must get cheaper in a world of cryptocurrencies which know no borders. Premium

Mint Quick Edit | Celebrate remittances but cheapen them too

1 min read . 20 Dec 2024
You can't send borrowed funds abroad via LRS. Photo: AFP Premium

Here's everything you need to know about the RBI's Liberalised Remittance Scheme

3 min read . 08 Oct 2024
CBDT initiates investigation into foreign remittances above ₹6 lakh: Report Premium

CBDT to initiate investigation into foreign remittances above ₹6 lakh: Report

1 min read . 13 Aug 2024
Those remitting money for education and medical purposes will continue to pay a lower rate Premium

Starting Oct 1, reloading forex cards for over Rs 7 lakh to attract 20% TCS. Details here

2 min read . 26 Sep 2023
For education and medical expenses, there will be no TCS for an amount up to Rs 7 lakh in one financial year Premium

What is tax collection at source on foreign remittances under LRS? An explainer

2 min read . 27 Jul 2023
Earlier taxpayers were supposed to cough up only 5 percent of TCS on foreign remission. Premium

Foreign remittances: With 20% tax collection at source, sending money abroad to pinch more; details here

3 min read . 07 Feb 2023
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