Friday, January 23, 2026 | 06:25 PM ISTहिंदी में पढें
Tax On Remittance
US remittance tax comes into effect today: How will it impact Indians?
The 1 per cent remittance tax will apply to transfers made using cash, money orders or cashier's checks, affecting many NRIs in the US who send money abroad through physical payment modes
 "US remittance tax comes into effect today: How will it impact Indians?")
Updated On : 01 Jan 2026 | 10:25 AM IST
US remittance tax to revive hawala, hand cartels a financial lifeline
The remittance tax risks reviving hawala networks, making it easier to fund drug and human smuggling, as criminal syndicates step in to exploit informal money transfer systems once again
 "US remittance tax to revive hawala, hand cartels a financial lifeline")
Updated On : 02 Jun 2025 | 9:07 AM IST
Budget proposal on remittances abroad triggers fears of double taxation
5% to be paid on already taxed income
 "Budget proposal on remittances abroad triggers fears of double taxation")
Updated On : 12 Feb 2020 | 6:58 AM IST
Deduct tax on select foreign remittances
Payment for children's education or hospitalisation won't attract TDS but payment for services will
 "Deduct tax on select foreign remittances")
Updated On : 24 Aug 2017 | 12:02 AM IST