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Tag: foreign remittances

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Travel leads foreign spends to 10 month high in July – Times of India

Mumbai: Outward remittances by Indians rose to their highest level in 10 months to nearly $2.8 billion in July 2024. The increase...

Sent above a certain amount in outward foreign remittances? Here’s why you may be under I-T department scanner – Times of India

The Central Board of Direct Taxes (CBDT) has initiated a thorough examination and verification process for outward foreign remittances exceeding Rs 6 lakh to...

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