WASHINGTON D.C. – India is poised to face significant financial fallout from a newly implemented 1 percent tax on remittances ...

India and the US are striving to finalize a trade deal before Trump's July 9 tariff deadline, but disagreements persist over agricultural imports and tariff reductions. While the US seeks greater ...

Trump's proposed 3.5% tax on remittances by foreign workers could seriously impact top recipient India. ... A 10-15% drop in remittances could cost India $12-18bn a year, ...

Trump's proposed 3.5% tax on remittances by foreign workers could seriously impact top recipient India. India leads in remittances - but Trump's tax could deal a blow Skip to main content ...

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With these 32 suggestions, the Committee has provided a roadmap for refining the new income-tax legislation—balancing ...

India’s remittance tax woes in Trump’s ‘big, beautiful’ bill on whatsapp (opens in a new window) Save Veena Venugopal. Published May 27 2025. Jump to comments section Print this page.

Trump's proposed 3.5% tax on remittances by foreign workers could seriously impact top recipient India. ... A 10-15% drop in remittances could cost India $12-18bn a year, ...

It proposes a 3.5% tax on remittances sent abroad by foreign workers, including green card holders and temporary visa workers such as those on H-1B visas. For India - the world's top remittance ...