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Can family in India send money for US medical treatment?

Family members in India can send money for a relative's medical treatment in the US under RBI rules. Medical remittances have specific LRS provisions, documentation requirements and 2026 TCS rules, while very large transfers may also create US reporting obligations. Can family in India pay US medical expenses? Yes. A resident individual in India can remit money abroad for medic

NRI News

22 Aug 2026 07:58 AM

Can family in India send money for US medical treatment?

Family members in India can send money for a relative's medical treatment in the US under RBI rules. Medical remittances have specific LRS provisions, documentation requirements and 2026 TCS rules, while very large transfers may also create US reporting obligations. Can family in India pay US medical expenses? Yes. A resident individual in India can remit money abroad for medic

NRI News

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

Bank of India’s Mumbai North Zone recently organised an NRI Meet titled “Pravasi Sampark” as part of its ongoing efforts to deepen engagement with Non-Resident Indian customers and better understand their evolving banking, investment, and remittance requirements. The initiative reflects the bank’s focus on strengthening long-term relationships with the global Indian diaspora by offering customer-centric and technology-driven financial solutions. The event was attended by sen

NRI News

16 Jan 2026 08:11 AM

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

Bank of India’s Mumbai North Zone recently organised an NRI Meet titled “Pravasi Sampark” as part of its ongoing efforts to deepen engagement with Non-Resident Indian customers and better understand their evolving banking, investment, and remittance requirements. The initiative reflects the bank’s focus on strengthening long-term relationships with the global Indian diaspora by offering customer-centric and technology-driven financial solutions. The event was attended by sen

NRI News

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

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

US proposes 5% remittance tax on non-citizens, Indians may face higher financial burden

A newly proposed bill in the United States is raising concerns among immigrant communities, particularly the Indian diaspora. The bill, titled "The One Big Beautiful Bill," aims to impose a 5% excise tax on any remittance that originates in the US and is sent to another country. If passed, this provision will significantly impact non-citizens, including millions of Indian nationals living and working in the United States under various visa categories. With over 2.3 mi

NRI News

17 May 2025 05:37 AM

US proposes 5% remittance tax on non-citizens, Indians may face higher financial burden

A newly proposed bill in the United States is raising concerns among immigrant communities, particularly the Indian diaspora. The bill, titled "The One Big Beautiful Bill," aims to impose a 5% excise tax on any remittance that originates in the US and is sent to another country. If passed, this provision will significantly impact non-citizens, including millions of Indian nationals living and working in the United States under various visa categories. With over 2.3 mi

NRI News

NRIs Drive India's Economic Resilience with Record Remittances and Growing Investments

Non-Resident Indians have long played the role of cultural ambassadors, but their economic contribution is now more vital than ever as India navigates an increasingly turbulent global landscape. Amid rising trade tensions and monetary uncertainties, the Reserve Bank of India has acknowledged that NRI remittances and investments are not just sentimental gestures but strategic assets. The RBI, in its recent monthly bulletin, noted that with the right policy support, India can transform global v

NRI News

25 Apr 2025 07:33 AM

NRIs Drive India's Economic Resilience with Record Remittances and Growing Investments

Non-Resident Indians have long played the role of cultural ambassadors, but their economic contribution is now more vital than ever as India navigates an increasingly turbulent global landscape. Amid rising trade tensions and monetary uncertainties, the Reserve Bank of India has acknowledged that NRI remittances and investments are not just sentimental gestures but strategic assets. The RBI, in its recent monthly bulletin, noted that with the right policy support, India can transform global v

NRI News

Articles

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China’s DeepSeek AI Threatens US Tech Dominance, Nvidia Loses $600 Billion

#nri-remittance

Can family in India send money for US medical treatment?

Can family in India send money for US medical treatment?

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

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

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

US proposes 5% remittance tax on non-citizens, Indians may face higher financial burden

US proposes 5% remittance tax on non-citizens, Indians may face higher financial burden

NRIs Drive India's Economic Resilience with Record Remittances and Growing Investments

NRIs Drive India's Economic Resilience with Record Remittances and Growing Investments

Parliament Tensions Escalate Over Language Policy and Delimitation Debate

Sourav Ganguly’s 'Khakee' Promo Goes Viral; Faf du Plessis Named DC Vice-Captain for IPL 2025

US Stocks Rise After Supreme Court Blocks Trump Tariffs

San Jose Viet Museum legal battle deepens as board members clash

Team India Gets Apollo Tyres As New Jersey Sponsor After Dream11 Exit In Mega 600 Crore Deal

Warren Buffett steps down as Berkshire Hathaway CEO after 60 years

Trump calls US-UK ties an unbreakable bond as $340 billion deals signed

Minnesota school district reports ICE detention of students, including a 5-year-old

Kerr County Flood Raises Questions Over Missed Cell Phone Alerts on July 4 Emergency

China’s DeepSeek AI Threatens US Tech Dominance, Nvidia Loses $600 Billion

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Parliament Tensions Escalate Over Language Policy and Delimitation Debate

Sourav Ganguly’s 'Khakee' Promo Goes Viral; Faf du Plessis Named DC Vice-Captain for IPL 2025

US Stocks Rise After Supreme Court Blocks Trump Tariffs

San Jose Viet Museum legal battle deepens as board members clash

Team India Gets Apollo Tyres As New Jersey Sponsor After Dream11 Exit In Mega 600 Crore Deal

Warren Buffett steps down as Berkshire Hathaway CEO after 60 years

Trump calls US-UK ties an unbreakable bond as $340 billion deals signed

Minnesota school district reports ICE detention of students, including a 5-year-old

Kerr County Flood Raises Questions Over Missed Cell Phone Alerts on July 4 Emergency

China’s DeepSeek AI Threatens US Tech Dominance, Nvidia Loses $600 Billion

#nri-remittance

Can family in India send money for US medical treatment?

Can family in India send money for US medical treatment?

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

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

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

US proposes 5% remittance tax on non-citizens, Indians may face higher financial burden

US proposes 5% remittance tax on non-citizens, Indians may face higher financial burden

NRIs Drive India's Economic Resilience with Record Remittances and Growing Investments

NRIs Drive India's Economic Resilience with Record Remittances and Growing Investments

Parliament Tensions Escalate Over Language Policy and Delimitation Debate

Sourav Ganguly’s 'Khakee' Promo Goes Viral; Faf du Plessis Named DC Vice-Captain for IPL 2025

US Stocks Rise After Supreme Court Blocks Trump Tariffs

San Jose Viet Museum legal battle deepens as board members clash

Team India Gets Apollo Tyres As New Jersey Sponsor After Dream11 Exit In Mega 600 Crore Deal

Warren Buffett steps down as Berkshire Hathaway CEO after 60 years

Trump calls US-UK ties an unbreakable bond as $340 billion deals signed

Minnesota school district reports ICE detention of students, including a 5-year-old

Kerr County Flood Raises Questions Over Missed Cell Phone Alerts on July 4 Emergency

China’s DeepSeek AI Threatens US Tech Dominance, Nvidia Loses $600 Billion

Popular Cities