Big cheer for NRIs! Trump’s ‘One Big Beautiful Bill’ reduces remittance tax to 1%
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 biggest remittance source.
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 biggest remittance source.
