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Tag: The One Big Beautiful Bill

Trump’s “Big Beautiful Bill”- Here’s How It Could Change Life for Indians in the US

Trump’s “Big Beautiful Bill”- Here’s How It Could Change Life for Indians in the US

Final Push for One Big Beautiful Bill The US Congress is gearing up for a final vote on President Trump’s $4.5 trillion tax breaks and spending cuts bill. The Senate cleared the bill by a razor-thin margin of one vote. Now, the House of Representatives faces the same challenge, with Republicans holding a fragile 220-212 […]

Trump Proposes 5% tax on sending money abroad

Trump Proposes 5% tax on sending money abroad

The Trump administration is planning to introduce a new tax law called ‘The One Big Beautiful Bill’, which would impose a 5% tax on remittances from the US to other countries. This would be a major setback for Indians living in the US, especially those who send money to their families. Trump hopes to use […]

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