Sending Money to India Just Got Costlier: The Looming 3.5% US Tax
US Remittance Tax: A Hefty New Bill for NRIs Sending Money Home to India New Delhi, India – Sending money home to India could soon become significantly more expensive for Non-Resident Indians (NRIs) in the United States. A proposed 3.5% remittance tax, already passed by the US House of Representatives on May 22, 2025, looms … Read more