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The Economic Times

Top News / The Economic Times

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I-T unearths Rs 1.29 lakh cr foreign remittances

The tax probe has found that a substantial portion of the money moved to a handful of overseas destinations. Singapore, the UAE, Hong Kong, Mauritius and China together accounted for 72.3% of the total remittances. Singapore emerged as the largest destination, receiving Rs 41,885 crore while Rs 18,331 crore was remitted to the UAE and Rs 18,064 crore to Hong Kong.

20 Aug 2026 12:08 am