Trump’s Remittance Tax Proposal: A Wake-Up Call for NRIs Eyeing Real Estate Investment in India
In what comes as a major policy change for Indian diaspora in the United States, Donald Trump recently proposed a 5% tax on remittances sent by non-citizens. This policy, which is a part of the “One Big, Beautiful Bill,” aims to tax outbound remittances from the U.S., potentially impacting the Non-Resident Indians (NRIs) who routinely […]
