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		<title>Us hikes charges on Student Tourists and H1B Visa Holder UPTO 250 Dollars Security Deposit Under One Big Beautiful Bill</title>
		<link>https://fastnewsglobe.com/us-hikes-charges-on-student-tourists-and-h1b-visa-holder-upto-250-dollars-security-deposit-under-one-big-beautiful-bill/</link>
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		<pubDate>Wed, 09 Jul 2025 18:25:41 +0000</pubDate>
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		<category><![CDATA[America increased security deposits on visa]]></category>
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		<category><![CDATA[Us hikes charges on visa upto 250 dollars on security deposit]]></category>
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					<description><![CDATA[<p>Us hb visa policy: The US has made another change in its immigration policy. US...</p>
<p>The post <a href="https://fastnewsglobe.com/us-hikes-charges-on-student-tourists-and-h1b-visa-holder-upto-250-dollars-security-deposit-under-one-big-beautiful-bill/">Us hikes charges on Student Tourists and H1B Visa Holder UPTO 250 Dollars Security Deposit Under One Big Beautiful Bill</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;"><strong>Us hb visa policy:</strong> The US has made another change in its immigration policy. US President Donald Trump signed the &#8220;One Big Beautiful Bill Act&#8221; on Friday (July 4, 2025) last week. Under this bill, now visa applicants will have to pay a visa integrity fee of $ 250. This fee will be in the form of a type of security deposit and can also be returned when certain conditions are met. However, it was also said that this fee can also be increased every year according to inflation.</p>
<p style="text-align: justify;">This new US rule will be applicable from 2026 next year and will also be applicable to all non-immigrant visa applications, including tourist/business (B-1/b-2), student (F/m), work (H-1B), and exchange (J) Visa. At the same time, under this new rule, only diplomatic class visas (A and G) have been exempted from this new fee.</p>
<p style="text-align: justify;">According to the provisions of this law, this additional fee will be recovered by the Department of Homeland Security (DHS) while issuing a visa. This fee will be charged in addition to the fee levied on the existing visa application.</p>
<p style="text-align: justify;"><strong>New law brought for strict action against illegal immigration</strong></p>
<p style="text-align: justify;">This new rule has been brought under efforts by US President Donald Trump to take strict action against illegal immigration and strictly follow the rules.</p>
<p style="text-align: justify;">Apart from this, other charges related to travel have also been included in this new bill. It also includes a $ 24-94 fee, Electronic System for Travel Authorization (ESTA) fee for passengers of Visa Wave Program and a $ 30-$ 30 electronic visa update system (EVUS) fee for some Chinese citizens having a 10-year B-1/B-2 visa. According to the report of Fragoman, an US -based Immigration Service firm, all these cannot be forgiven in any situation.</p>
<p style="text-align: justify;"><strong>Also read: Know Islam and learn Arabic &#8230; Israel ordered its army; What is Netanyahu&#8217;s strategy</strong></p>
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<p>The post <a href="https://fastnewsglobe.com/us-hikes-charges-on-student-tourists-and-h1b-visa-holder-upto-250-dollars-security-deposit-under-one-big-beautiful-bill/">Us hikes charges on Student Tourists and H1B Visa Holder UPTO 250 Dollars Security Deposit Under One Big Beautiful Bill</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Elon Musk idea of ​​forming third political party in US America Party debate has become more intense after criticism of Trump new One Big Beautiful Bill</title>
		<link>https://fastnewsglobe.com/elon-musk-idea-of-forming-third-political-party-in-us-america-party-debate-has-become-more-intense-after-criticism-of-trump-new-one-big-beautiful-bill/</link>
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		<pubDate>Sat, 05 Jul 2025 02:36:04 +0000</pubDate>
				<category><![CDATA[World News]]></category>
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		<guid isPermaLink="false">https://fastnewsglobe.com/elon-musk-idea-of-forming-third-political-party-in-us-america-party-debate-has-become-more-intense-after-criticism-of-trump-new-one-big-beautiful-bill/</guid>

					<description><![CDATA[<p>Elon Musk Big Plan: अमेरिका के स्वतंत्रता दिवस के मौके पर शुक्रवार  (4 जुलाई 2025)...</p>
<p>The post <a href="https://fastnewsglobe.com/elon-musk-idea-of-forming-third-political-party-in-us-america-party-debate-has-become-more-intense-after-criticism-of-trump-new-one-big-beautiful-bill/">Elon Musk idea of ​​forming third political party in US America Party debate has become more intense after criticism of Trump new One Big Beautiful Bill</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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										<content:encoded><![CDATA[<p></p>
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<p style="text-align: justify;"><strong>Elon Musk Big Plan:</strong> अमेरिका के स्वतंत्रता दिवस के मौके पर शुक्रवार  (4 जुलाई 2025)  को अरबपति एलन मस्क ने अमेरिकी राजनीति में तीसरी राजनीतिक पार्टी बनाने के विचार को हवा दी. यह विचार उन्होंने X (पूर्व में ट्विटर) पर एक सर्वे के जरिए पेश किया. उन्होंने X पर लिखा कि क्या हमें अमेरिका पार्टी बनानी चाहिए?</p>
<p style="text-align: justify;">इस पर एक यूजर ने कमेंट कर लिखा कि एलन की तरफ से तीसरी पार्टी शुरू करना टेस्ला और स्पेस एक्स से काफी मिलता-जुलता है. सफलता की संभावना कम है, लेकिन अगर यह सफल रहा तो यह खेल को पूरी तरह से बदल देगा. मस्क ने इस पर सकारात्मक प्रतिक्रिया देकर यह जताया कि वे केवल विचार नहीं, संभावित रणनीति पर भी काम कर सकते हैं.</p>
<p style="text-align: justify;">एलन मस्क का थर्ड पार्टी बनाने वाला विचार अपने आप में खास है. बता दें कि अमेरिका में तीसरी पार्टियां हमेशा सीमित रही हैं. मस्क का नाम और ब्रांड वैल्यू उन्हें भीड़ से अलग करता है. इसके अलावा टेक समुदाय और स्वतंत्र वोटर वर्ग में मस्क की गहरी पैठ है. इस पूरे घटनाक्रम के पीछ ट्रंप का नया कानून जिम्मेदार माना जा रहा है, जिसे उन्होंने &#8220;One Big Beautiful Bill&#8221; कहा है. इस बिल में प्रवासी निर्वासन अभियान के लिए भारी बजट शामिल है. इसकी वजह से फाइनेंनशियल खर्च से जुड़ी योजनाएं अगले 10 सालों में घाटे को $3.3 ट्रिलियन बढ़ा सकती है. इसको लेकर ट्रंप और मस्क के बीच मतभेद शुरू हो गए और एलन ने Department of Government Efficiency (DOGE) के हेड पोस्ट से इस्तीफा दे दिया.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">Independence Day is the perfect time to ask if you want independence from the two-party (some would say uniparty) system!</p>
<p>Should we create the America Party?</p>
<p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1941119099532378580?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">July 4, 2025</a></p></blockquote>
<p style="text-align: justify;">
<p> <br /><strong>डोनाल्ड ट्रंप की मस्क को धमकी</strong><br />One Big Beautiful Bill को लेकर एलन मस्क ने ट्रंप की खुलेआम आलोचना की थी. उन्होंने कहा था कि यह बिल नेशनल इकोनॉमी के लिए आत्मघाती साबित हो सकता है. यह सरकारी खर्च और अक्षमता को बढ़ावा देगा. टेक कंपनियों और स्टार्टअप पर गलत प्रभाव डालेगा. इसके जवाब में अमेरिकी राष्ट्रपति डोनाल्ड ट्रंप ने भी मस्क को चेताया था. उन्होंने मस्क की कंपनियों को मिलने वाली संघीय सब्सिडी रद्द करने की धमकी दी थी. मस्क की आव्रजन स्थिति की जांच की चेतावनी भी दी थी.</p>
<p style="text-align: justify;"><strong>ये भी पढ़ें:  ईरान में हमलों के बाद से गायब है अमेरिका का बी-2 बॉम्बर, रिपोर्ट में चौंकाने वाला दावा</strong></p>
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		<title>Us President Donald Trump Signs One Big Beautiful Bill Into Law at White House Us News in Hindi</title>
		<link>https://fastnewsglobe.com/us-president-donald-trump-signs-one-big-beautiful-bill-into-law-at-white-house-us-news-in-hindi/</link>
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		<pubDate>Sat, 05 Jul 2025 01:37:33 +0000</pubDate>
				<category><![CDATA[World News]]></category>
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					<description><![CDATA[<p>Donald Trump Signs One Big Beautiful Law: US President Donald Trump signed the One Big...</p>
<p>The post <a href="https://fastnewsglobe.com/us-president-donald-trump-signs-one-big-beautiful-bill-into-law-at-white-house-us-news-in-hindi/">Us President Donald Trump Signs One Big Beautiful Bill Into Law at White House Us News in Hindi</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p><strong>Donald Trump Signs One Big Beautiful Law: </strong>US President Donald Trump signed the One Big Beautiful Bill at the White House on Friday (July 04, 2025). This bill is related to reducing tax and reducing expenditure. This bill was passed in Parliament a day earlier with the help of the Republican Party. Now this law has become after Trump&#8217;s sign. It is considered a great success of Trump.</p>
<p>During the signature ceremony, Trump said, &#8220;I have never seen people so happy in our country, because this bill has taken care of many types of people, such as army, common citizens and all kinds of jobs.&#8221; He thanked House Speaker Mike Johnson and Senate leader John Theun on the occasion, who helped to get the bill passed in Parliament.</p>
<blockquote class="twitter-tweet" data-media-max-width="560"><p>&#13;</p>
<p dir="ltr" lang="en">Signed. Seled. Delivered.</p>
<p>President Trump&#8217;s one big beautiful bill is now law &#8211; and the golden age has never felt better. <a href="https://t.co/t0q2DbZLz5" rel="nofollow">pic.twitter.com/t0Q2DBZLZ5</a></p>
<p>&#8211; The white house (@Whitehouse) <a href="https://twitter.com/WhiteHouse/status/1941269132135305237?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">July 4, 2025</a></p></blockquote>
<p><strong>Trump said this big thing</strong></p>
<p>Trump further said, &#8220;This includes the biggest tax deduction in America&#8217;s history, cuts in the biggest expenditure and the largest border security investment.&#8221; The signature ceremony took place on 4 July during a special celebration at the South Lawn of the White House. Fighter jets and stealth bombers flyovers on the occasion, who were recently involved in attacks on Iran&#8217;s nuclear bases. Hundreds of people attended the event, including Trump&#8217;s supporters, Congress leaders, army families and White House employees.</p>
<blockquote class="twitter-tweet" data-media-max-width="560"><p>&#13;</p>
<p dir="ltr" lang="en">Potus. Flotus. B-2 bomber.</p>
<p>Make America Great Again! <a href="https://t.co/9HAFMdZrhe" rel="nofollow">pic.twitter.com/9hafmdzrhe</a></p>
<p>&#8211; The white house (@Whitehouse) <a href="https://twitter.com/WhiteHouse/status/1941274133784035724?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">July 4, 2025</a></p></blockquote>
<p><strong>What is Trump&#8217;s One Big Beautiful Bill?</strong> </p>
<p>This bill is considered to be the most important plan of Trump&#8217;s second term. This includes implementing 2017 tax deduction forever, reducing government spending and bringing strict immigration law. The law includes $ 46 billion to increase the wall on the US-Mexico border, $ 45 billion for 1 lakh detention beds for migrants and recruitment of 10,000 new immigration officers. Every officer will also be given a bonus of $ 10,000.</p>
<p>There is also a dispute about this bill. Experts say that this can take away the health insurance of millions of Americans. According to a report by Reuters, this bill will add 3 trillion dollars to the total debt of America. Currently, America has a loan of $ 36.2 trillion.</p>
<p><strong>218 votes cast in favor of Big Beautiful Bill</strong></p>
<p>218 votes were cast in favor of the bill in the house and 214 in protest. Only two MPs of the Republican Party protested, while all 212 Democrat MPs voted against the bill. Democrat leader Hakim Jeffrees gave an 8 -hour 46 -minute speech in protest against the bill. He said that this law is going to benefit the rich and harm the common people.</p>
<p><strong>Also read-</strong></p>
<p><strong>PM Modi got the highest civilian honor of Trinidad-Tobago, said- &#8216;This depth of our special relations&#8217;</strong></p>
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		<title>Usa Donald Trump Big Beautiful Bill NRI REMITTANCE TAX CUT Relief Impact On Indians</title>
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		<pubDate>Thu, 03 Jul 2025 10:44:58 +0000</pubDate>
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					<description><![CDATA[<p>Trump tax bill: US President Donald Trump&#8217;s most ambitious tax and spending scheme is now...</p>
<p>The post <a href="https://fastnewsglobe.com/usa-donald-trump-big-beautiful-bill-nri-remittance-tax-cut-relief-impact-on-indians/">Usa Donald Trump Big Beautiful Bill NRI REMITTANCE TAX CUT Relief Impact On Indians</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;"><strong>Trump tax bill:</strong> US President Donald Trump&#8217;s most ambitious tax and spending scheme is now moving towards final voting in the lower house of the US Parliament (House of Representatives). There has been a tremendous tussle in America&#8217;s politics about this bill. Trump considers it to be the basis of his potential second term, but he has had to struggle a lot in getting it passed. Trump himself called this bill &#8220;One Big, Beautiful Bill&#8221;.</p>
<p style="text-align: justify;">The bill includes disputed proposals such as cutting social welfare programs and adding additional national debt of three trillion dollars. Many MPs of the Republican Party have also opposed it with Democrats.</p>
<p><strong>NRI and Indian professionals get big relief</strong><br />The biggest relief in this controversial bill is for Indian migrants. Around 45 lakh Indians living in the US were relieved when the proposed tax rate on international money transfer was reduced from 5% to just 1% in the latest draft of the bill. This will provide great relief to those Indians who transfer money at their home.</p>
<p style="text-align: justify;">In the revised draft released on June 27, it was clarified that this tax would be applicable only to those who are residents of America but are not American citizens. It also includes professionals and foreign students working on green card holders, H-1B and H-2A visas.</p>
<p style="text-align: justify;"><strong>Which transactions will not be taxed?</strong><br />An important change in the bill has also been made that certain types of money transfer will be completely released from this tax. According to the draft, if the money is being sent from the US bank account or the transaction is being done by debit/credit card, then there will be no tax on it.</p>
<p style="text-align: justify;">Tax will be applicable only to the money sent through cash, money order or cashier check. This will directly affect millions of overseas Indians who send money to their families in India through traditional mediums.</p>
<p style="text-align: justify;"><strong>How did the bill change and why there is dispute?</strong><br />The bill was passed by the House of Representatives in May, but after just one vote in the Senate, he was sent back to the lower house with some amendments. The most important change of these was about money transfer tax. Those opposing the bill say that this will increase the national debt of America even more and will weaken social welfare schemes. But Trump is calling it a big step towards America&#8217;s economic strength.</p>
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		<title>Us Elon Musk Again Target Donald Trump One Big Beautiful Bill and Threated to Unseat Lawmakers who Support this</title>
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		<pubDate>Tue, 01 Jul 2025 04:58:36 +0000</pubDate>
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					<description><![CDATA[<p>Elon musk on one big beauty bill: As the American Senate is getting close to...</p>
<p>The post <a href="https://fastnewsglobe.com/us-elon-musk-again-target-donald-trump-one-big-beautiful-bill-and-threated-to-unseat-lawmakers-who-support-this/">Us Elon Musk Again Target Donald Trump One Big Beautiful Bill and Threated to Unseat Lawmakers who Support this</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;"><strong>Elon musk on one big beauty bill:</strong> As the American Senate is getting close to voting on the big tax and immigration agenda of the White House, the resentment of Tech Billionaire Alan Musk&#8217;s President Donald Trump is increasing further. He is constantly criticizing the US President&#8217;s One Big Beautiful Bill.</p>
<p style="text-align: justify;">Musk has threatened to remove MPs from the post supporting the government&#8217;s bill, which is expected to reduce social welfare programs and increase US loans by 3 trillion dollars.</p>
<p style="text-align: justify;">According to the NDTV report, on Monday (June 30, 2025) in the US Senate, the MPs were entangled in the marathon session of amendment votes, as the Republican One was demanding the passage of the Big Beautiful Bill, which will carry forward the tax deduction of Donald Trump passed in 2017.</p>
<p style="text-align: justify;"><strong>Alan Musk threatens American MPs</strong><br />Alan Musk targeted on Tuesday (July 1, 2025) on X and targeted it. He said, &#8220;Every member of the Congress, who campaigned to reduce government expenditure and then immediately voted for the biggest loan increase in history, should bow their heads with shame.&#8221; He also said, &#8220;If this is my last work on this earth, then they will lose their primary election next year.&#8221;</p>
<p style="text-align: justify;"><strong>Musk threatened to form a new party</strong><br />The American Tech Billionaire has also warned that if the MP passes Trump&#8217;s expenses in the Senate, he will launch a new party &#8216;The American Party&#8217; as an alternative to the Democrat-Republican Party. He wrote on X, &#8220;If this insanity expenditure bill is passed then the US party will be formed the very next day. Our country needs an alternative to Democrat-Republican Unipulture so that people really have voice.&#8221;</p>
<p style="text-align: justify;"><strong>What is Donald Trump&#8217;s One Big Beautiful Bill? </strong><br />Donald Trump wants the One Big Beautiful Bill to increase the ending of their first term to $ 4.5 trillion, increase military expenses and fund their plans for unprecedented collective exile and border security. However, the mid-term Congress of 2026 has different opinions about the savings of the senators who monitor the elections, as it will reduce the subsidized health care of millions of poorest Americans and will reduce about $ 1 trillion and in a decade, the country&#8217;s already increasing budget deficit will increase $ 3.3 trillion further.</p>
<p style="text-align: justify;"><strong>Also read: </strong></p>
<p style="text-align: justify;"><strong>Pakistan will start trembling after watching the rust of 1 lakh crores of mines, new air defense system QRSAM, fighter jet, new air defense system in the sea</strong></p>
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		<title>JD Vance First Reaction on Elon Musk Resignation White House Donald Trump Musk Conflict One Big Beautiful Bill Electric Vehicle Subsidy Cut Us Politics &#124; Vice President JD Vance&#8217;s first reaction on the conflict of Allen Musk from Trump, said</title>
		<link>https://fastnewsglobe.com/jd-vance-first-reaction-on-elon-musk-resignation-white-house-donald-trump-musk-conflict-one-big-beautiful-bill-electric-vehicle-subsidy-cut-us-politics-vice-president-jd-vances-first-reaction-on-th/</link>
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		<pubDate>Sun, 08 Jun 2025 09:24:58 +0000</pubDate>
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					<description><![CDATA[<p>JD Vance on Trump Musk Conflict: US Vice President JD Vance has made a big...</p>
<p>The post <a href="https://fastnewsglobe.com/jd-vance-first-reaction-on-elon-musk-resignation-white-house-donald-trump-musk-conflict-one-big-beautiful-bill-electric-vehicle-subsidy-cut-us-politics-vice-president-jd-vances-first-reaction-on-th/">JD Vance First Reaction on Elon Musk Resignation White House Donald Trump Musk Conflict One Big Beautiful Bill Electric Vehicle Subsidy Cut Us Politics | Vice President JD Vance&#8217;s first reaction on the conflict of Allen Musk from Trump, said</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;"><strong>JD Vance on Trump Musk Conflict:</strong> US Vice President JD Vance has made a big statement on the ongoing controversy between Allen Musk and President Donald Trump. He said that what Musk did is a big mistake and hoped that Musk would think again on it.</p>
<p style="text-align: justify;">The dispute began when Alan Musk resigned from the post of Government Efficiency Department (DOGE). He then criticized the bill &#8216;One Big Beautiful Bill&#8217; related to Trump&#8217;s taxes and expenses, in which there was a matter of fund cuts for electric vehicles. Donald Trump said in his reply that he had already told Musk about the bill, but Musk said on the social media platform x that he was never shown this bill.</p>
<p style="text-align: justify;"><strong>  US Vice President JD Vance made a big statement</strong></p>
<p style="text-align: justify;">Talking to comedian Theo Von in a podcast, US Vice President JD Vance said that Allen Musk has the right to express his opinion and not necessarily he should agree with everything, but he clearly said that what is doing the time is a big mistake. </p>
<p style="text-align: justify;">Vance said, &#8220;The world&#8217;s richest and most effective innovator stands against the country&#8217;s most powerful leader today. It is not right.&#8221; He insisted that Donald Trump did not see what he is doing to save the country. Vance appealed to Musk to be restrained and said, &#8220;Trump is also showing a lot of restraint, while he is constantly being attacked. In such a situation, Musk should also take steps.&#8221;</p>
<p style="text-align: justify;"><strong>Trump accused Musk</strong></p>
<p style="text-align: justify;">Significantly, the ongoing tension between Donald Trump and Allen Musk has now become very serious. Trump accused Musk that he reacts excessively and is difficult to work with him. Trump even said that if the attitude of Musk does not change, then the government subsidies and contracts received to his companies can be canceled.</p>
<p style="text-align: justify;"><strong>Also read-</strong></p>
<p style="text-align: justify;"><strong>&#8217;24 hours passed, but Rahul Gandhi neither wrote any letter nor &#8230; &#8216;, Election Commission reversed on allegations of match fixing in Maharashtra</strong></p>
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		<title>Donald Trump One Big Beautiful Bill Sending Money from America to India Becometer Expensive Indians are Worned Due to Trump 3.5 Percent Tax Plan</title>
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		<pubDate>Tue, 27 May 2025 10:56:40 +0000</pubDate>
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					<description><![CDATA[<p>US President Donald Trump has taken a step that is upset Indian people living in...</p>
<p>The post <a href="https://fastnewsglobe.com/donald-trump-one-big-beautiful-bill-sending-money-from-america-to-india-becometer-expensive-indians-are-worned-due-to-trump-3-5-percent-tax-plan/">Donald Trump One Big Beautiful Bill Sending Money from America to India Becometer Expensive Indians are Worned Due to Trump 3.5 Percent Tax Plan</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;">US President Donald Trump has taken a step that is upset Indian people living in the US. Apart from this, it is also going to affect their families living in India. In fact, there is a proposal in President Donald Trump&#8217;s &#8216;One Big Beautiful Bill&#8217;, according to which, if India will be sent money from America from 2026, it will be charged 3.5 percent tax.</p>
<p style="text-align: justify;">This proposal has recently received approval from the lower house of the US Parliament. Now this bill will go to the Senate, where voting can be done in June or July. If passed, it will become a law and it can become a cause of great concern for overseas Indians.</p>
<p style="text-align: justify;"><strong>Why has Indians worry about increasing?</strong></p>
<p style="text-align: justify;">There is a provision in this bill that if they are not American citizens, if they send money outside America, then they will be charged 3.5 percent tax. Earlier this rate was proposed 5 percent, which has now been reduced to 3.5 percent. This will affect the people of India, who is one of the largest migrant population in America. According to 2023 data, more than 29 lakh people of Indian origin are living in the US.</p>
<p style="text-align: justify;"><strong>Who will have to pay this tax?</strong></p>
<p style="text-align: justify;">The thing to note is that this tax will be applicable only to non-citizens. That is, if you are a green card holder, on H1B visa or working on a student visa, then you have to come under this tax. American citizens have been exempted from this. However, a &#8220;credit mechanism&#8221; has been kept for him, so that they will be able to claim tax refund.</p>
<p style="text-align: justify;"><strong>Direct effect on those sending money every month</strong></p>
<p style="text-align: justify;">For those who send money to their family every month in India, this tax will have a direct impact. According to RBI data, the US stake in 2023-24 in the upcoming total inward remedies to India was 27.7 per cent (about 32 billion $ 32 billion), which was 22.9 per cent in 2016-17.</p>
<p style="text-align: justify;"><strong>Impact on NRE account and property investment too?</strong></p>
<p style="text-align: justify;">Experts believe that this proposed tax will not be limited to sending money only. It can also affect the funds coming in NRE accounts in India and the real estate investment being done in India in India.</p>
<p style="text-align: justify;">Companies may also be affected by this, because employees who are sent to America may now have to include this tax in the Relocation package, which will increase their costs.</p>
<p style="text-align: justify;"><strong>Will US investment also affect?</strong></p>
<p style="text-align: justify;">The big question is also whether this tax will also be levied on US investment made by Indian people? For example, if someone has invested money in stocks or financial instruments in America and now he wants to send money to India, will it be taxed?</p>
<p style="text-align: justify;">Talking to the Economic Times, Tax Expert, Kuldeep Kumar says that yes, if you deposit the money of investment in the US bank and send it to India again, then 3.5 percent tax can also be implemented on it. Even if an employee has received eSops from the US company and they want to sell the money and send it to India, then there may be tax. And since this tax falls under the category of &#8220;Excise Tax&#8221;, it cannot even get a credit under Indo-US Tax Treaty, that is, a direct impact on your pocket.</p>
<p style="text-align: justify;"><strong>Also read: <a href="http://abplive.com/business/tata-midcap-growth-fund-deposit-just-1000-rupees-per-month-in-the-name-of-the-child-he-will-get-more-than-1-crore-as-soon-as-he-grows-up-2951685" target="_blank" rel="noopener">Deposit only 1 thousand rupees a month in the name of a child, he will get more than 1 crore as soon as he grows up</a></strong></p>
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