India  

Desi diaspora set to take $1.6 billion hit as US plans bill to tax remittances

IndiaTimes Friday, 16 May 2025
A proposed US bill, dubbed 'The One Big Beautiful Bill,' threatens to impose a 5% remittance tax on non-US citizens, including H-1B and green card holders, sending money abroad. This could significantly impact the Indian diaspora, who remit approximately $32 billion annually to India. If enacted, Indians in the US could face a $1.
0
shares
ShareTweetSavePostSend
 

💡 newsR Knowledge: Other News Mentions

Indian people Indian people Citizens and nationals of India

59 destinations offer Indians visa-free access

The Indian passport has improved its ranking. It now stands at 77th position in the Henley Passport Index-2025. This is an increase of eight places. Indian..
IndiaTimes
Air India Crash Mystery: Who Were 242 Passengers on Board? Indians, Britons, Portuguese Victims [Video]

Air India Crash Mystery: Who Were 242 Passengers on Board? Indians, Britons, Portuguese Victims

Air India Crash Mystery: A London-bound Air India flight — AI171 — carrying 242 people, including 169 Indian nationals, crashed shortly after takeoff from Ahmedabad’s Sardar Vallabhbhai Patel International Airport. The Boeing 787-8 Dreamliner was en route to London Gatwick when tragedy struck near Gujarat’s Meghani area. Among those aboard were Indian citizens, British nationals, Portuguese travelers, and one Canadian. In this video, we reveal the complete list of passengers, investigate their backgrounds, and examine the pressing question — what went wrong? Watch till the end for expert analysis and updates from officials. #ahmedabadplanecrash #planecrash #gujarattragedy #breakingnews #airplanecrash #gujaratairplanecrash #airindiacrash #planecrash #airplanemishap #planecrashlive #ahmedabadnews #gujaratplanecrashnews #gujaratnewslive #ahmedabadflightcrash #ahmedabadplaneaccident #ahmedabadrescueoperations Also Read The Flight Was Fixed: Air India Co-Pilot Clive Kunder’s Bio After Crash Leaves Internet in Shock :: https://www.oneindia.com/india/the-flight-was-fixed-air-india-co-pilot-clive-kunder-eerie-bio-raises-eyebrows-after-crash-4179573.html?ref=DMDesc Ahmedabad Plane Crash: Rahul Gandhi, CM Yogi, CM Fadnavis, Eknath Shinde, DK Shivkumar Express Grief :: https://www.oneindia.com/india/ahmedabad-plane-crash-rahul-gandhi-cm-yogi-cm-fadnavis-eknath-shinde-dk-shivkumar-express-grief-4179529.html?ref=DMDesc A Student Narrowly Escapes As Air India Plane Crashes At BJ Hostel In Meghani Nagar :: https://www.oneindia.com/india/a-student-narrowly-escapes-at-bj-hostel-as-air-india-plane-crashes-4179483.html?ref=DMDesc ~HT.410~PR.274~ED.194~

Credit: Oneindia    Duration: 03:05Published

You Might Like


Related news from verified sources

Desi diaspora set to take $1.6 billion hit as US plans bill to tax remittances

A proposed US bill, dubbed 'The One Big Beautiful Bill,' threatens to impose a 5% remittance tax on non-US citizens, including H-1B and green card holders,...
IndiaTimes

GT vs MI IPL 2025 Live Streaming: How To Watch Gujarat Titans vs Mumbai Indians Eliminator IPL 2025 Online, TV, Mobile – Date, Time, Free App, Telecast Details

GT vs MI IPL 2025 Live Streaming: Gujarat Titans Face Mumbai Indians Eliminator of Indian Premier League 2025 at the Maharaja Yadavindra Singh International...
Zee News

Government seals trade pact with UK: Tariffs cut, savings for Indians on work visas

After three years of negotiations, India and the UK have finalized a trade agreement that eliminates tariffs on 99% of Indian exports and reduces duties on 90%...
IndiaTimes