Is Money Given to Parents Taxable in Pakistan?
If you send money to your parents in Pakistan online through a banking channel, the amount will not be considered as a gift
If you send money to your parents in Pakistan online through a banking channel, the amount will not be considered as a gift
On September 14, 2021, the Reserve Bank of India (RBI), together with the Monetary Authority of Singapore (MAS) announced their plan to link their fast payment interfaces, UPI (Unified Payment Interface), and PayNow, respectively.
Increased remittance inflows to Pakistan in 2021 reflect the huge shifts in consumer behaviour, as well as those of policy makers during Covid-19; towards digital.
If you’re thinking of packing your bags and looking for some adventure, it’s just the right time to get a multi-currency card for that added convenience and, of course, to make contactless payments during your international travels.
Whether you’re planning a romantic holiday in Leh, a fun-filled vacation in Goa or an exciting road trip from Jaisalmer to Bhubaneshwar, it’s time to get a travel credit card.
If you are among the 18 million Indian expats working and earning abroad, you have more reasons now than ever before to remit money to India and make your money work harder for you.
One of the most dynamic and innovative economies in the GCC/MENA region, the UAE is now witnessing an increasing number of online transactions.