Carrie Brandon Elliot reviews questions and action plans generated by the January 1 effective date of a 1 percent tax on remittances from the U.S. to foreign recipients.

CBK data shows Kenyans abroad sent home an average of about $420 million (Sh54.2 billion) per month in 2025, keeping inflows ...

Pakistan’s economy is increasingly reliant on remittances from overseas workers even as the country’s exports continue to ...

There’s also evidence of skill upgrading among those preparing to migrate and among returnees, resulting in brain gain ...

State broadcaster Radio Pakistan reported that overall foreign remittances rose 13% in December to reach the historic high of ...

The Finance Minister has hiked the tax collected at source limit from Rs 7 lakh currently to Rs 10 lakh in Budget 2025. Apart from hiking the threshold for TCS on foreign remittances, the government ...

Kenyan diaspora remittances reached a record KSh 650 billion in 2025, bolstering foreign exchange reserves and supporting the ...

Foreign remittances in Pakistan have surged to record high of 3.6 billion dollars during the last month witnessing an increase of 13 percent. This has taken the total remittances flow in the first ...

Indian spending abroad hits a two-year low at $1.94 billion, driven by declines in foreign education and travel expenditures.

MUMBAI – India’s central bank is moving to tighten its grip on how resident Indians send money abroad, with new rules expected to bar them from holding foreign currency deposits that have fixed terms ...

Pakistan is once again celebrating rising remittances. Overseas Pakistanis are expected to send home more than ...

Hana Bank has upgraded its foreigner-only financial platform, Hana EZ, to strengthen non-face-to-face financial services for ...