The bill would impose a 5% tax on remittance payments, with exceptions for most transfers made by U.S. citizens.

It’s this variety that fuels the hybrid approach, combining credit cards, bank transfers and digital wallets to pay bills.

Benefit payments will be going out as normal in May for the most part, but there are some exceptions due to the Bank Holidays ...

The proposed Consumer Credit Bill (CCB) is expected to largely affect non-bank lenders, with minimal to no effect on banks, according to MIDF Research.

Investors burned by President Trump’s trade fight now have to contend with a spending megabill that risks swelling the ...

HYDERABAD: A 39-year-old RBL bank executive was bitten by a pet dog in Jawahar Nagar on Thursday evening after a customer set ...

A new US bill proposes a 5% tax on money sent from the US to other countries. This targets non-citizens and foreign nationals. It could impact countries like El Salvador, Honduras, and Guatemala.

The spending and tax package, which includes bank-friendly provisions, tax perks and GOP priorities, cleared a procedural ...

House Republicans cleared a major hurdle over the weekend in advancing a sweeping package of President Trump’s tax proposals, ...

President Donald Trump’s “big, beautiful” tax bill risks sharply increasing the US public debt, sparking alarm among investors and fuelling questions over how long the world will finance Washington’s ...

Still, the party’s progressive wing led by Elizabeth Warren, the top-ranking Democrat on the Senate Banking Committee, ...