Desi diaspora set to take $1.6 billion hit as US plans bill to tax...

Dununu.com Dununu

Sponsored

Desi diaspora set to take $1.6 billion hit as US plans bill to tax remittances

RSS Feed National

Posted

120

A proposed US bill, dubbed 'The One Big Beautiful Bill,' threatens to impose a 5% remittance tax on non-US citizens, including H-1B and green card holders, sending money abroad. This could significantly impact the Indian diaspora, who remit approximately $32 billion annually to India. If enacted, Indians in the US could face a $1.

Read Full Article

Please log in to like, share and comment!

Too many elephants? GPS collars help Zimbabwe villagers to avoid deadly encounters

In Zimbabwe's Hwange National Park, a tech-driven early warning system is helping communities and...

By 0 1

Operation Sindoor sets India's new baseline for future terror attacks: UK security expert

By 0 9

Kunal on Yash Chopra's reaction to 'Hum Tum's final cut

Saif Ali Khan and Rani Mukerji-starrer 'Hum Tum', directed by Kunal Kohli, had a re-release in...

By 0 17

B'wood's first graduate actress, Ashok Kumar’s lucky charm

Leela Chitnis was a pioneer. She was India's first educated actress during the freedom struggle....

By 0 17

Kash Patel, accused of skipping office frequently, says he's moving FBI headquarters

By 0 17