which was used in everything from wallpaper to children's toys.
Remittances in India are largely used for household consumption.5% tax on remittances sent abroad by foreign workers.
and final approval is pending Senate action and the President's signature.The tax could hit household consumption hard even as the Indian economy grapples with global uncertainty and inflation.sending money through friends.
A drop in inflows could shrink domestic savings and reduce investment in both financial and physical assets.Remittance costs - driven by fees and currency conversion - have long been a global policy concern due to their impact on families.
say expertsA study by Center for Global Development.
78% of Indian migrants in the US work in high-earning sectors such as management.Nepal and India to try to win £20.
000 after racing through China.It is quite nice for us because the pictures that we see on the screen.
even joking they want to end up in the same retiring home.More on this storyRace Across the World brothers applied to defy ageRelated internet linksRace Across the WorldMiddlesbroughReality TVRelatedFourth teenager charged over park stabbing2 days agoTeesHospital parking charges up 108% for consultants2 days agoTeesThree adults and boy arrested over baby's death2 days agoTeesMore from the BBC3 hrs agoRace Across The World winners crownedThe duo will share a cash prize of £20.