President Donald Trump’s “One Big Beautiful Bill” includes a 3.5 per cent excise tax on remittances sent abroad by non-US ...

Governments have spent decades trying to stamp out informal money transfers. This will push payments back underground.

Donald Trump’s “One Big Beautiful Bill”, which was recently passed by the US House of Representatives, could have significant ...

A new US bill proposes a 5% tax on money sent from the US to other countries. This targets non-citizens and foreign nationals. It could impact countries like El Salvador, Honduras, and Guatemala.

Trump remittance tax: India could potentially lose up to $18 billion dollars annually in foreign remittances if US President Donald Trump’s proposed 5% remittance tax law comes into effect in ...

“Tax issues and India go hand in hand ... over allegations of non-payment of goods and services tax (GST). According to the agency, services like aircraft maintenance, rentals and crew salaries ...

Under the proposed Trump law, H1B and Green Card holders' remittances would face a 5% tax, increasing the cost of NRI real estate investments in India Amid global uncertainty driven by conflicts ...

A 5 percent tax on $32.9 billion would amount to $1.64 billion. The Reserve Bank of India article said the cost of a remittance transaction includes two elements –- the fees charged at any stage ...

BENGALURU: US President Donald Trump's 'One Big Beautiful Bill' proposes a 5% tax on remittances, which tax experts say may have a significant impact on India as the country is one of the biggest ...