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US remittance tax plan may hit Indian households, rupee: GTRI

A proposed 5 per cent US tax on remittances sent abroad by non-citizens is raising alarm in India as it may hit Indian households and the rupee, economic think...

By NewsDrum Desk
May 18, 2025 13:08 IST 2 Min read
Rupee dollar.jpg Business
Rupee falls 2 paise to close at all-time low of 83.10 against US dollar
By NewsDrum Desk
Aug 17, 2023 16:52 IST 2 Min read
rupee dollar.jpg Business
Rupee falls 19 paise to 82.85 against US dollar amid losses in local equities
By NewsDrum Desk
Aug 11, 2023 16:43 IST 2 Min read
Rupee dollar.jpg Business
Rupee falls 8 paise to 82.74 against US dollar
By NewsDrum Desk
Aug 11, 2023 10:45 IST 2 Min read
Nigerian farmer.jpg International
Climate and violence hobble Nigeria's push to rely on its own wheat after the hit from Russia's war
By NewsDrum Desk
Jul 19, 2023 14:32 IST 4 Min read
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Sri Lanka cannot allow vehicle imports: Finance Minister
By NewsDrum Desk
Jun 16, 2023 17:53 IST 2 Min read