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Hyundai Motor India Ltd has said in a SEBI regulatory filing that it has received a demand from tax authorities, along with a penalty from the GST authority.
The CBDT has extended the ITR filing deadline for salaried professionals to September 15, 2025, offering relief due to ...
The Income Tax Act,1961, does not contain specific provisions on alimony. Relevant case laws, along with analogous provisions ...
WASHINGTON D.C. – India is poised to face significant financial fallout from a newly implemented 1 percent tax on remittances ...
Under the proposed tax, this could translate to over $1.6 billion in annual remittance levies borne by the Indian community in America.
The US remittance tax is a levy on international money transfers made by non-US citizens, including NRIs, green card holders, and foreign students residing in the US.
Trump’s “Big Beautiful Bill” brings a 1% remittance tax, higher immigration fees, and expanded deportation plans. With 4.5 million Indians in the U.S., the law could reshape how they send money home, ...
The Senate’s version of the “one big, beautiful bill" includes a 1% tax on international cash transfers, which will have a major impact on immigrants working in the U.S.
The Senate’s version of the “one big, beautiful bill" includes a 1% tax on international cash transfers, which will have a major impact on immigrants working in the U.S.
Bank transfers, payments via financial institutions, and transactions using US-issued debit or credit cards will be exempt from this tax. Sending money from the US to India is about to get easier ...
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 is India's biggest remittance source. United States ...
Remittance tax unlikely on funds from bank accounts, debit or credit cards issued in US The sixth round of RBI’s India remittances survey covering 2023-24 released on Wednesday shows that the ...