Remittances at a record high! Indian diaspora sends home $135.46 billion; inflows more than double in eight years
India’s diaspora sent a record $135.46 billion home in the last fiscal year, solidifying its position as the world’s top recipient of remittances for over ...
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
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 ...
Big hit for Indians in the US! How Donald Trump’s steps to curb migration, tax remittances may cost India billions of dollars
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 ...
