The spending and tax bill signed by President Donald Trump includes a new levy on international money transfers, though it’s ...

State Bank of Pakistan (SBP) Acting Deputy Governor Dr Inayat Hussain cautioned on Wednesday that the government's decision to curtail subsidies for promoting foreign remittances, which hit a record ...

The Senate’s version of the “one big, beautiful bill" includes a 1% tax on international cash transfers, which will have a major impact on immigrants working in the U.S.

With about 2.9 million Indian immigrants living in the U.S., many of whom are on H-1B and other temporary visas, the initial ...

Rep. Jesús ‘Chuy’ García: Donald Trump’s remittance tax is a cruel double-tax on immigrant’s dignity Share this: Click to share on Facebook (Opens in new window) Facebook ...

A proposal to tax remittances sent by individuals without Social Security numbers has passed the House and is now before the Senate. At 3.5%, the levy was initially expected to raise $26 billion ...

GOP lawmakers are pushing to jack up a proposed new tax on money migrants earn in the US and send back home to family — after a threat from Mexican President Claudia Sheinbaum.