{"id":40320,"date":"2025-05-16T05:37:47","date_gmt":"2025-05-16T05:37:47","guid":{"rendered":"https:\/\/newsfortnite.com\/index.php\/2025\/05\/16\/desi-diaspora-set-to-take-1-6-billion-hit-as-us-plans-bill-to-tax-remittances-2\/"},"modified":"2025-05-16T05:37:47","modified_gmt":"2025-05-16T05:37:47","slug":"desi-diaspora-set-to-take-1-6-billion-hit-as-us-plans-bill-to-tax-remittances-2","status":"publish","type":"post","link":"https:\/\/newsfortnite.com\/index.php\/2025\/05\/16\/desi-diaspora-set-to-take-1-6-billion-hit-as-us-plans-bill-to-tax-remittances-2\/","title":{"rendered":"Desi diaspora set to take $1.6 billion hit as US plans bill to tax remittances"},"content":{"rendered":"<p>A proposed US bill, dubbed &#8216;The One Big Beautiful Bill,&#8217; threatens to impose a 5% remittance tax on non-US citizens, including H-1B and green card holders, sending money abroad. This could significantly impact the Indian diaspora, who remit approximately $32 billion annually to India. If enacted, Indians in the US could face a $1.<\/p>","protected":false},"excerpt":{"rendered":"<p>A proposed US bill, dubbed &#8216;The One Big Beautiful Bill,&#8217; threatens to impose a 5% remittance tax on non-US citizens, including H-1B and green card holders, sending money abroad. This could significantly impact the Indian diaspora, who remit approximately $32 billion annually to India. If enacted, Indians in the US could face a $1.<\/p>\n","protected":false},"author":0,"featured_media":40294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/40320"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=40320"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/40320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/40294"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=40320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=40320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=40320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}