Analyzing The Impact: India’s New Remittance Tax and Its Implications on the Economy, Banking, and…
The recent announcement by the Indian government to impose a 20% tax on all outbound remittances, effective from July 1, 2023, has been the…
The recent announcement by the Indian government to impose a 20% tax on all outbound remittances, effective from July 1, 2023, has been the subject of considerable debate. This article delves into the rationale behind this move, its likely effects on the banking sector, societal implications, and investment landscape, and gauges its potential effectiven…
