Remittances tax: How Donald Trump's 'The One Big...

Dununu.com Dununu

Sponsorluk

Remittances tax: How Donald Trump's 'The One Big Beautiful Bill’ may turn out to be ugly for Indians in the US

RSS Feed Business

Posted

114

A proposed US bill, dubbed 'The One Big Beautiful Bill,' could impose a 3.5% remittance tax on money transfers from the US to India by 2026, impacting Indian immigrants, including H-1B visa holders and permanent residents. This legislation, awaiting Senate approval, may significantly increase the financial burden on the Indian community, potentially costing them over a billion dollars annually.

Read Full Article

Please log in to like, share and comment!

26/11 prosecutor, former foreign secretary, 2 others nominated to Rajya Sabha

By 0 0

Kentucky shooting: 2 dead as suspect shoots trooper, injures several at church; later killed

A shooting spree erupted in Fayette County, Kentucky, on Sunday, leaving a state trooper injured....

By 0 4

AAIB preliminary report: Air India pilots' association lashes out at 'insinuation of suicide'

By 0 21

Kentucky shooting: Suspect shoots trooper, injures several at church; later killed

A shooting spree erupted in Fayette County, Kentucky, on Sunday, leaving a state trooper injured....

By 0 86

Dilip Kumar once spoke about not having child with wife Saira Banu

Dilip Kumar and Saira Banu's enduring love story, a cornerstone of Bollywood, showcased a deep...

By 0 91