Real estate, Best properties, Home Loans, Tax Advice, Interior Design, Investment Tips | NDTV Property
  • Home
  • City Wise
  • News
  • ADVICE
  • BLOGS
  • SHOWS
  • FAQs
  • Property Videos

Search

  • Clear all

WATCH

Donald Trump Administration To Slap 5% Tax On International Remittance

Published On:May 19, 2025 | Duration: 14 min, 20 sec

[ssba]

In today's episode of India Global, A new financial storm is brewing for millions of Indians in America. President Trump's "One Big Beautiful Bill" just passed a crucial vote, and it comes with a stunning new tax. If passed, this law would slap a 5% tax on every dollar sent abroad by non-citizens, from H-1B workers to green card holders. That's right, no exemptions, not even for small amounts. Last year alone, Indian-origin residents in the US sent over $32 billion home. Under this bill, they'd lose more than $1.6 billion - instantly. NDTV's Gaurie Dwivedi speaks with President of the Global Citizen Forum Pramit Maakoday, and Chairman of the US India Community Foundation Bharat Barai to discuss this and more.

Latest Videos

  • Premium Residential Deals in Mumbai for Rs 2.5 Crore

  • Navi Mumbai: Best Buys in Rs 40 Lakh

  • Recommended Property Projects in Pune's Moshi

more...
  • .......... Advertisement ..........


    ndtv tata capital
  • Newsletter

    Subscribe to NDTV Property Weekly Newsletter

    * indicates required
  • Against All Odds

    NDTV Property Against All Odds
  • Join Us

    Tweets by @NDTVProperty
Archives | Advertise | About Us | Feedback | Disclaimer | Investor | Complaint Redressal | Careers | Contact Us
© Copyright NDTV Convergence Limited 2025. All rights reserved.