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US Cuts Remittance Tax to 3.5%: Big Relief for Indian Migrants

The rollback of the proposed 5% remittance tax to 3.5% by the United States government has brought major relief to Indian migrants who regularly send money home. On a $10,000 transfer, senders now save $150 (₹12,000), which is a significant benefit for families depending on overseas income for essential needs such as healthcare, education, and daily expenses. The move is especially helpful for workers in service and labor-intensive industries. India continues to be the top recipie

NRI News

24 May 2025 20:28 PM 777 views

US Cuts Remittance Tax to 3.5%: Big Relief for Indian Migrants

The rollback of the proposed 5% remittance tax to 3.5% by the United States government has brought major relief to Indian migrants who regularly send money home. On a $10,000 transfer, senders now save $150 (₹12,000), which is a significant benefit for families depending on overseas income for essential needs such as healthcare, education, and daily expenses. The move is especially helpful for workers in service and labor-intensive industries. India continues to be the top recipie

NRI News

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US Cuts Remittance Tax to 3.5%: Big Relief for Indian Migrants

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Three Injured Including Two Children in Boat Crash at Eagle Mountain Lake

Richmond Villas Sets Record with Rs. 1.87 Crore Ganesh Laddu Auction, Balapur Laddu Fetches Rs. 30 Lakh

Texas House Passes Bill to Ban Social Media for Minors Under 18

​Six Flags Great America opens daily with Wrath of Rakshasa coaster debut set for May 31

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US Cuts Remittance Tax to 3.5%: Big Relief for Indian Migrants

US Cuts Remittance Tax to 3.5%: Big Relief for Indian Migrants

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