Big Relief For NRIs: US Senate Cuts Proposed Remittance Tax From 3.5% To 1%
Sunday, 29 June 2025 () The revised proposal is expected to benefit around 2.9 million Indians living in the U.S.—the second-largest immigrant group in the country, according to the Migration Policy Institute.
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US has officially slashed down the proposed remittance tax in the latest draft of the 'One Big, Beautiful Bill', giving a much awaited relief to the NRIs (Non... DNA
The final draft of the 'One Big Beautiful Bill Act' proposes a lower 1% tax on remittances. An earlier version suggested 3.5%. The United States is India's... IndiaTimes
Sunday, 29 June 2025 ()
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