A new bill introduced by former U.S. President Donald Trump is expected to benefit 4.5 million Indians. The proposed 5% tax on foreign remittances has been reduced to just 1% in the finalized version of the legislation.

A new bill introduced by former U.S. President Donald Trump is expected to benefit 4.5 million Indians. The proposed 5% tax on foreign remittances has been reduced to just 1% in the finalized version of the legislation.