U.S. ‘Big Beautiful Bill’ May Raise Cost of Remittances, Tighten NRI Compliance Burden, ETLegalWorld
U.S. ‘Big Beautiful Bill’ May Raise Cost of Remittances, Tighten NRI Compliance Burden New Delhi: The United States’ proposed “One Big Beautiful Bill” could significantly impact Non-Resident Indians (NRIs) working and investing from America, with measures that may add costs to overseas remittances and usher in stricter enforcement of foreign income reporting. At its current…