NRIs who send money home, especially Indians, are concerned about a recent proposal by US President Donald Trump. The 'One Big Beautiful Bill' includes a proposed 3.5% ( earlier 5%) remittance tax that is intended to promote local investment and reduce the outflow of US funds. Millions of Indians who depend on remittances to support their families back home may be impacted if the bill is approved. https://infinitenewsdesk.com/us-proposal-to-impose-3-5-remittance-tax-on-non-citizens-sparks-concerns/ Read more here^