Tag: remittance tax
Big remittance cheer for NRIs! US Senate draft of Donald Trump’s ‘One Big Beautiful Bill’ reduces remittance tax to 1% from 3.5%; details here – Times of India
United States contributed approximately $32 billion in remittances to India in 2023-24. (AI image) US remittance tax relief on the cards! Non-Resident Indians or NRIs ... Read More
U.S. government moves to cut proposed tax on outward remittances to 3.5% from 5%
<!--><!--><!--><!--> The One Big Beautiful Bill Act was passed by the U.S. House of Representatives on May 22, 2025. | Photo Credit: Getty Images/iStock New ... Read More