Questions tagged [foreign exchange transactions]

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InfinityEcho InfinityEcho Sat Jan 25 2025 | 6 answers 1375

Does India pay GST on foreign exchange transactions?

I am curious to know if India charges Goods and Services Tax (GST) on transactions involving foreign exchange. I would like a clear answer on this matter.

Does India pay GST on foreign exchange transactions?
ZenFlow ZenFlow Wed Jan 15 2025 | 7 answers 1595

How much tax you have to pay on foreign exchange transactions in India?

I am trying to understand the taxation system in India related to foreign exchange transactions. Specifically, I want to know the amount of tax I need to pay on such transactions.

How much tax you have to pay on foreign exchange transactions in India?
DigitalTreasureHunter DigitalTreasureHunter Sat Oct 05 2024 | 0 answers 0

Does HSBC Bank use blockchain to settle foreign exchange transactions?

I'm curious, does HSBC Bank utilize blockchain technology to streamline the process of settling foreign exchange transactions? I've heard of the potential benefits that blockchain can bring to the financial sector, and I'm wondering if HSBC has embraced this technology to enhance their foreign exchange services. Can you provide any insight into this topic?

Does HSBC Bank use blockchain to settle foreign exchange transactions?
BlockchainBaron BlockchainBaron Wed Jul 17 2024 | 5 answers 680

Does fidelity pay a commission on foreign exchange transactions?

Could you please clarify if Fidelity, as a financial institution, imposes a commission fee on foreign exchange transactions conducted by its clients? Many financial service providers levy charges for currency conversions, but I'm particularly interested in understanding if Fidelity has a similar policy. It would be valuable to know if these costs are transparently disclosed upfront or if there are any hidden fees associated with these transactions. Additionally, does Fidelity offer competitive rates compared to other financial institutions, or are there any specific benefits for clients who choose to conduct foreign exchange transactions through Fidelity?

Does fidelity pay a commission on foreign exchange transactions?
Carolina Carolina Sat Jun 08 2024 | 5 answers 1137

Is USDT used in China?|China warns that using Tether (USDT) as an intermediary in foreign exchange transactions is a violation of the law.

Could you please elaborate on the legal standing of USDT in China? Is the usage of USDT in foreign exchange transactions indeed considered illegal in the country? If so, what are the specific legal provisions that prohibit its use? And how does China enforce these regulations? Additionally, are there any exceptions or circumstances where the use of USDT might be permissible? Finally, what are the potential consequences for individuals or entities caught violating these laws related to USDT transactions in China?

Is USDT used in China?|China warns that using Tether (USDT) as an intermediary in foreign exchange transactions is a violation of the law.

|Topics at Cryptocurrency Q&A

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