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Kuwait is home to some 920,000 Indians, the largest expatriate community in the country. Indian workers are present in all segments of Kuwaiti society and their total remittances are estimated at $4.8 billion annually.(iStockphoto)

Kuwait moves to tax remittances, thousands of Indians could be affected

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON APR 04, 2018 10:20 AM IST
Under the draft, any bank or moneychanger that does not comply with the proposed law will be fined up to 10,000 dinars while anyone who does not remit money through accredited banks and moneychangers will be imprisoned.
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