Category: Finance

Presume that you are on vacation and enjoying the resonant culture of the city and the history of the foreign land. Out of the blue, you receive a call from your family member who requires medical attention immediately. You think of sending money instantly but traditional methods like bank transfers can be tricky and time-consuming.…

Currently, navigating through global financial transactions should be a piece of cake. ICICI Bank, which is one of the most reputed banks in the financial sector, has emerged as a trusted source for easy, hassle-free international money transfers. In simple terms, this quick guideline will guide you through an easy way of utilizing ICICI’s services…

Today’s interconnected world needs cheap and safe international money transfers. With economies around the world becoming intertwined and people as well as companies crossing boundaries, moving money from country to country has become an important pillar of modern finance. In this rapidly changing environment, Axis Bank, through its global operations, is establishing itself as an…

With current globalization, which entails connectivity among nations globally, there is a growing requirement for transferring money internationally and doing so securely. There has been an increase in the need for simplified financial services due to increased interactions across boundaries among both individuals and companies. The State Bank of India (SBI) is situated within this…

TCS refers to a way of collecting revenue through which the government collects a part of its tax directly from the assessees at the time of receipt of certain kinds of payments. Recent changes have been proposed and implemented relating to the TCS regime in India, thereby increasing its coverage to include even smaller-value transactions.…

Cross-border payments in Europe are undergoing a digital revolution as non-cash payments have risen by 7.4% in the first half of 2024 to 72.1 billion payments. Lithuania and Croatia are leading the way, where nearly 30% of transactions on a daily basis are being done online. France is also joining the bandwagon with Wero, an…

New Zealand thrives on global connections, and remittances play a significant role in keeping Kiwis in touch with loved ones abroad. In 2023, an estimated NZ$617 million was sent overseas by Kiwis—to support loved ones’ aspirations, access medical treatment, and finance small business ventures. With high-speed internet and intuitive digital systems, sending money abroad is…

India has one of the largest diaspora, with over 30 million Indians overseas. Indians in the UK alone number approximately 1.9 million, contributing significantly to the UK economy, especially in finance, health, and IT. With strong family ties, most NRIs remit money gifts frequently to their family members in the UK. Maharashtra, Punjab, Gujarat, Delhi,…