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Page 6 - Remittances
Problems for NRIs remitting salary to India
Interest on NRE accounts is tax-free, but the I-T department creates hurdles to tax these accounts
Updated On : 03 Jul 2016 | 10:59 PM IST
As India reaps benefits of cheap oil, Gulf remittances take a toll
Low oil prices take a hit on Gulf's economy, forcing it to retrench Indian workforce, which have hit remittances
 "As India reaps benefits of cheap oil, Gulf remittances take a toll")
Updated On : 25 May 2016 | 5:14 PM IST
India world's largest recipient of remittances in 2015: World Bank
This despite a $1 bn drop in remittances from previous year
 "India world's largest recipient of remittances in 2015: World Bank")
Updated On : 15 Apr 2016 | 1:44 AM IST
India was the world's largest remittance recipient in 2015: World Bank
Attracts around $69 billion in remittances in 2015, ahead of China with remittances of $64 billion
Updated On : 14 Apr 2016 | 9:00 AM IST