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US Reduces Remittance Tax Rate to 3.5%

The New Indian Express Tirupati

|

May 24, 2025

PRESIDENT Donald Trump's One, Big, Beautiful Bill, which was passed by the House of Representatives on Thursday, has reduced the tax rates on outward remittances from the proposed 5% to 3.5%.

- ENS ECONOMIC BUREAU @New Delhi

The Bill proposes sweeping changes in taxation and spending by the US government, and could have ramifications across the globe.

PLUS D'HISTOIRES DE The New Indian Express Tirupati

The New Indian Express Tirupati

Israel’s recognition of Somaliland ‘threat’ to stability: Somali prez

ISRAEL'S recognition of the breakaway region of Somaliland is a “threat” to security and stability in the Horn of Africa and encourages secessionist groups, Somali President Hassan Sheikh Mohamud said on Sunday Israel announced on Friday it was officially recognising Somaliland, a first for the self-proclaimed republic that in 1991 declared it had unilaterally separated from Somalia.

time to read

1 min

December 29, 2025

The New Indian Express Tirupati

President goes underwater on submarine sortie

PRESIDENT Droupadi Murmu on Sunday undertook an over two-hour sortie onboard the indigenously built submarine INS Vaghsheer on the Western seaboard, signalling India’s focus on boosting undersea warfare capabilities.

time to read

1 mins

December 29, 2025

The New Indian Express Tirupati

The New Indian Express Tirupati

Zepto files for ₹11,000 cr IPO, eyes listing next year

QUICK-commerce unicorn Zepto has pre-filed draft initial share sale papers with regulator Securities and Exchange Board under confidential route.

time to read

1 min

December 29, 2025

The New Indian Express Tirupati

French film sensation of the 1960s, Brigitte Bardot, dies at 91

FRENCH film sensation Brigitte Bardot, a symbol of sexual liberation in the 1950s and 1960s who reinvented herself as an animal rights defender and embraced far-right views, died on Sunday aged 91, her foundation said.

time to read

1 min

December 29, 2025

The New Indian Express Tirupati

The New Indian Express Tirupati

ATTITUDE BEATS APTITUDE IN THE MODERN WORKPLACE

NIKHIL ABHISHEK EXAMINES THE ROLE OF ATTITUDE IN EARLY CAREERS

time to read

3 mins

December 29, 2025

The New Indian Express Tirupati

The New Indian Express Tirupati

Popular flyer assistance facility, set up during IndiGo crisis, to be permanent

THE Civil Aviation Ministry has set up the Passenger Assistance Control Room (PACR) that functions round-the-clock to address and resolve air travellers’ grievances more promptly.

time to read

1 min

December 29, 2025

The New Indian Express Tirupati

Clashes kill 3 on Syria’s coast after mosque bombing

CLASHES broke out on Syria’s coast between protesters from the Alawite religious minority and counterdemonstrators on Sunday, killing at least three people and injuring dozens of others, health officials said.

time to read

1 min

December 29, 2025

The New Indian Express Tirupati

APSRTC to instal new mapping system in 11,495 buses

THE APSRTC is likely to introduce a new mapping system for all buses, which helps passengers track the bus they want to board, and also allows the RTC to monitor the speed and other aspects of the vehicle.

time to read

1 min

December 29, 2025

The New Indian Express Tirupati

WISDOM OF DETACHMENT

APPY New Year, dear readers, and every good wish.

time to read

4 mins

December 29, 2025

The New Indian Express Tirupati

Building sporting future: Beyond bids & medals

OR a nation with India’s talent, ambition and demographic strength, sport must rise far above episodic celebration. It must become a national habit — woven into everyday life, public policy and collective aspiration. As India steps forward to host major international events, including the 2030 Commonwealth Games, the debate naturally emerges: Do bids alone create a sporting nation? As someone who has lived this journey — as an athlete, mentor and now administrator — I can say this with conviction: bidding is not the culmination; it is the beginning.

time to read

3 mins

December 29, 2025

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