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Big hit for Indians in the US! How Donald Trump’s steps to curb migration, tax remittances may cost India billions of dollars

IndiaTimes Tuesday, 20 May 2025
India faces a potential remittance problem as the US tightens migration policies and proposes a 5% tax on remittances. This could significantly impact the $120 billion India receives annually, with the US being the largest contributor at $32 billion.
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