India tops the list of nations that remit earnings - nearly $83 billion remitted in 2019 - according to the World Bank
Since there will be tax incidence in the foreign country, an investor has to seek credits in India
Future Group payments affiliate LivQuik to launch foreign remittance services at stores
With foreign travel and studying abroad accounting for the bulk of the remittances by Indians, using a sledgehammer may not work
Low crude prices have led to a drop in remittances to India from the diaspora in the Gulf region
Income tax seeks explanation from a dozen chartered accountants on issuing TDS certificates