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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 1.27k views

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

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#ustaxlaw

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

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US approves sale of AIM-120 AMRAAM missiles to Pakistan under new arms deal

Doomsday Clock Ticks Forward: What It Means for Our Future

How Chandrababu became 39% richer in 5 years?

China announces humanitarian aid to Iran, Lebanon amid escalating West Asia conflict

Cricket Association of Bengal Slams BCCI Over Uncertainty of IPL 2025 Final Venue

China Performs First Satellite-Powered Remote Surgery

Welspun Enterprises Declared Lowest Bidder for Mumbai Water Tunnel Project

La Nina could shape Chicago’s winter weather predictions for 2025

Naga Babu gives a warning to TDP

The Mystery Surrounding Dwarampudi Chandrasekhar Reddy

#ustaxlaw

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

US approves sale of AIM-120 AMRAAM missiles to Pakistan under new arms deal

Doomsday Clock Ticks Forward: What It Means for Our Future

How Chandrababu became 39% richer in 5 years?

China announces humanitarian aid to Iran, Lebanon amid escalating West Asia conflict

Cricket Association of Bengal Slams BCCI Over Uncertainty of IPL 2025 Final Venue

China Performs First Satellite-Powered Remote Surgery

Welspun Enterprises Declared Lowest Bidder for Mumbai Water Tunnel Project

La Nina could shape Chicago’s winter weather predictions for 2025

Naga Babu gives a warning to TDP

The Mystery Surrounding Dwarampudi Chandrasekhar Reddy

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