Good News For NRIs And H-1B Workers: US Reduces Remittance Tax To 3.5%
The US House of Representatives just voted to pass the ‘One Big Beautiful Bill Act’, which cuts the remittance tax for millions of immigrants from 5% to 3.5%. From January 1, 2026, non-citizens sending money out of the country will have to pay this tax. The amendment is extra beneficial for people on H-1B visas and those living outside the US, as they usually send money to their families at home. For more Info :https://www.jaagrukbharat.com/us-reduces-remittance-tax-to-35-9907570
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