How to avoid paying taxes in India

Indian Prime Minister Narendra Modi and his government have been pushing for the introduction of foreign exchange settlement in India, with a view to reducing tax evasion by the poor.However, the move has been met with a slew of objections, which includes the possibility that the tax on foreign exchange would become a source of […]

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How to make your foreign exchange journey abroad

Foreign exchange travel is the perfect way to meet up with family, friends and even visit exotic destinations.Here’s how you can make your international holiday the best it can be.1.Know where to lookThis is where you will want to find your first foreign exchange bank, as foreign exchange is not available in most cities.There are […]

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How to keep your money safe in the US market

A foreign exchange scam involves buying and selling foreign currency and then trying to use it to buy US currency, according to a new study.Researchers from the University of Chicago’s Booth School of Business examined transactions in the first quarter of 2018, including the transactions of foreign exchange brokers in the U.S. and overseas.The study […]

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Aussie tourist ‘caught stealing’ $50,000 in foreign exchange

A Sydney man was allegedly caught with an illegal $50 million in foreign currency on a trip to the Middle East, police said.The man is being investigated by the Crime and Corruption Commission (CCC) over the alleged money-laundering.He is due to appear in court on December 6.A spokesperson for NSW Police told The Sunday Age […]

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