The US’s proposed “One Big Beautiful Bill” could reshape financial planning for Indian NRIs, introducing a 1% tax on outbound cash remittances and tightening enforcement of foreign income reporting. While the bill does not change existing rules on taxing overseas rental income or capital gains, experts warn of a more aggressive compliance environment. The proposed remittance levy, though still in early stages, may prompt NRIs to rethink cross-border transfers for family support and property investments in India.