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New US remittance tax proposal: What it means for NRIs sending money to India

adminMay 18, 202508 mins

A significant tax development is on the horizon for non-resident Indians in the US. The US government’s House Ways and Means Committee has advanced a sweeping bill titled the “One Big Beautiful” Tax Act, aimed at extending several provisions of the 2017 Tax Cuts and Jobs Act (TCJA) and introducing new tax measures. Among these…

Transfer News: ₹8,394 crore to play in Saudi Arabia; 24-year-old Real Madrid player Vinícius Jr. considers offer

adminAugust 14, 202403 mins

Real Madrid player Vinícius Junior has been presented with a contract to play in Saudi Arabia, valued at over $1 billion ( ₹8,394 crore). According to multiple media sources like Reuters and ESPN, Saudi Public Investment Fund (PIF) officials proposed a five-year deal offering about 200 million euros ( ₹1,846 crore) annually, along with bonuses,…