The Trump government in the US has approved a large tax bill. One Big Beautiful Bill The American Senate has passed. If we look at the eyes of Indians, then Indians living in America have got a big relief on the fronts of Remedy Tax. But Allen Musk is very angry with Trump’s policy. Laxman Roy of CNBC-Awaaz did not tell that stating the full news One Big Beautiful Bill Has passed from the Senate. In this, the remedy tax has been reduced from 5 percent to 1 percent. This has brought great relief to Indians living in America.
This news is no less than a festival for millions of Indians who send hard -earned money for their family, debt or investing in India. According to data from World Bank and RBI, a total of ₹ 11.60 lakh crore was received from abroad in 2024-25. In the last 8 years, the amount of remedies coming from abroad has become double. It accounts for about 25 percent of the remedies coming from the US. Millions of Indians settled in America send thousands of crores of rupees not only to their families but also in temples and other social work in the village of India.
Apart from this, a provision has been made for more expenses to withdraw illegal intruders. The tax on hotel tip and overtime has been abolished. Tax has also been abolished on overtime received by employees. The tax on income has ended as a social security. Now every child will get a tax exemption of up to $ 2200. The defense budget has been increased by 150 billion. The allocation of $ 1 trillion has been reduced in Mediced. Tax exemption on renewable and electric cars has been abolished.
The new bill will cost an additional $ 3 trillion dollars. After passing this bill, Elon Musk said that the economic situation in the US is in danger of getting worse. Musk has also announced to form a new political party. He has opposed the US dollars to increase the date sealing to $ 4 trillion.