US 9/11 treatment tax upsets India

[Deletedid1]

R. SURYAMURTHY

[url=http://www.telegraphindia.com/1110103/jsp/nation/story_13384263.jsp]http://www.telegraphindia.com/1110103/jsp/nation/story_13384263.jsp[/url]

New Delhi, Jan. 2: New Delhi may take Washington to the World Trade Organisation’s dispute panel over its move to fund a free-treatment scheme for 9/11 victims through legislation that will cost Indian IT companies millions of dollars, officials said.

Washington plans to raise the money in two ways. One, by imposing a two per cent levy on goods and services it imports from certain developing countries that include India. Two, by extending a fee hike for certain categories of the H1B and L1 visas that are extensively used by Indian professionals working in America.

These new laws will mainly hurt India’s IT companies, which earn about 60 per cent of the country’s $50 billion revenues from exports to America. The visa fee hike alone is expected to cost Indian IT companies operating in the US an extra $200 million a year.

“We plan to seek consultation with Washington at the WTO (an international body dealing with the rules of trade between nations) to discuss the legislation,” an Indian commerce ministry official said. “We would not hesitate to take the matter to the dispute settlement panel of the trade body if the issue does not get resolved.”

Commerce minister Anand Sharma has said the US move is “to my mind, a retrograde step” for greater trade engagement. He said that during President Barack Obama’s recent India visit, the two sides had agreed to reduce trade barriers and abjure protectionist measures to ease movement of professionals and investors.

The US legislation is aimed at funding free treatment of workers suffering from illnesses contracted while clearing the World Trade Center debris after the September 11, 2001, attacks.

The James Zadroga 9/11 Health and Compensation Act seeks to create a $4.3-billion fund for these workers, who number about 60,000. The act is named after a New York police officer who died in 2006, aged 34, from a respiratory disease. It is yet to be signed into operation by Obama.

In August, Washington had hiked the H1B and L1 visa fees till 2014 under the US Border Security provisions; the Zadroga act extends the hikes by one more year.

The two per cent import excise affects countries outside the purview of the WTO’s Agreement on Government Procurement. India is among these countries, which include China, the Philippines, Malaysia and nations in Africa, West Asia and Latin America.

The act’s provisions are being closely studied in Delhi, the commerce ministry source said. “Consultations are being made with the law ministry to make our case strong,” he said. “We plan to talk to other countries affected by the legislation so we can have a convergence of views and better coordination for a better result in dealing with Washington.”

Som Mittal, president of the National Association of Software and Services Companies, said US lawmakers seem to have developed a practice of unfairly taxing foreign companies to pay for domestic issues.

“The bill is a violation in spirit of the joint communiqué signed by President Obama and Prime Minister Manmohan Singh,” he said.

[Deletedid1]

[b]Ignoring India's concerns, Obama signs 9/11 health care bill[/b]


Washington, Jan 3, PTI:

[url=http://www.deccanherald.com/content/125805/ignoring-indias-concerns-obama-signs.html]http://www.deccanherald.com/content/125805/ignoring-indias-concerns-obama-signs.html[/url]
Ignoring India's concerns and veiled warning that it would drag the US to the World Trade Organisation, President Barack Obama has signed into law a bill that would provide free health care to the first responders of the twin-tower terrorist attack in New York in September 2001.
Obama took some time off from his vacation in Hawaii to sign the bill that provides for a fund of USD 4.2 billion for the free health care to 9/11 responders, a portion of which is being raised by extending an increase in some categories of H-1B visa fee that would mainly affect Indian IT companies. India has objected to such an increase.

It also imposes a two per cent levy on goods and services the US imports from certain developing countries, including India. An extension in increase in H-1B visa fee is estimated to cost Indian companies USD 200 million.

Indian Commerce Minister Anand Sharma had termed it as a retrograde step for greater trade engagement with the US.

"I was honoured to sign the James Zadroga 9/11 Health and Compensation Act to ensure that rescue and recovery workers, residents, students, and others suffering from health consequences related to the World Trade Center disaster have access to the medical monitoring and treatment they need," Obama said in his signing statement.

"We will never forget the selfless courage demonstrated by the firefighters, police officers, and first responders who risked their lives to save others. I believe this is a critical step for those who continue to bear the physical scars of those attacks," he said.

The bill is named after James Zadroga, an NYPD detective who died of 9/11-related illnesses. "It was a bittersweet battle and this is a bittersweet victory," said Joseph Zadroga, father of James Zadroga.

"After a long, arduous path with several near-defeats, this bill is finally law," said Senator Charles Schumer, one of the key sponsors of the bill in the Senate and who was primarily responsible for adding H-1B visa fee extension clause in the bill, which was passed in the lame duck session of the Congress last year.

"At long last, the President's signature has ended our nine-year struggle to address the 9/11 health crisis," said Congresswoman Carolyn Maloney, author of the bill in the House of Representatives.

"The Zadroga law will save lives and fulfills our moral obligation to care for those who rose to the defense of America in a time of war," she said.

"With President Obama's signing of our bill ... it is clear that the government has not forgotten the thousands who have served and suffered," said Congressman Jerrold Nadler.

Officials in the Indian Commerce Ministry say that they are consulting with Law Ministry to present a string case before the WTO against the United States on this issue.

"The bill is a violation in spirit of the joint communiqué signed by President Obama and Prime Minister Manmohan Singh," said Som Mittal, president of the National Association of Software and Services Companies (NASSCOM).

In August last year, Obama had signed into law the Mexico Border Protection Bill that had hiked the H1B and L1 visa fees till 2014. The Zadroga act extends the hikes by one more year.

[king420]

Intha pedda pedda essay writings chadvalante kashtam babai


2 mukkallo cheppu em jarigindo  sHa_fr1ends

[Deletedid1]

[quote author=AUDI BABU link=topic=139387.msg1571703#msg1571703 date=1294073422]
Intha pedda pedda essay writings chadvalante kashtam babai


2 mukkallo cheppu em jarigindo  sHa_fr1ends
[/quote]

H1 fees malli penchutunnaru  @3$% @3$% @3$% @3$% @3$% @3$%

[srdh21]

[quote author=BENZBABU link=topic=139387.msg1571705#msg1571705 date=1294073452]
H1 fees malli penchutunnaru  @3$% @3$% @3$% @3$% @3$% @3$%
[/quote]


inka penchite ... ikkademundadu... its one way good.. it will only increase the billing rates

slowly this country is becoming a failed nation which want to live on foreign workers for even basic needs

already, insurance rates perigi chastunte... malli ee H1 fees panchi sava dentgutunnaru, choostun unte .. ikkada work chesi aa LK gallaki fees lu , insurances lu kattadaaniki unnatlu undi

[Deletedid1]

[quote author=srdh21 link=topic=139387.msg1571850#msg1571850 date=1294075601]

inka penchite ... ikkademundadu... its one way good.. it will only increase the billing rates

slowly this country is becoming a failed nation which want to live on foreign workers for even basic needs

already, insurance rates perigi chastunte... malli ee H1 fees panchi sava dentgutunnaru, choostun unte .. ikkada work chesi aa LK gallaki fees lu , insurances lu kattadaaniki unnatlu undi
[/quote] @3$% @3$% @3$% @3$%

[srdh21]

[quote author=BENZBABU link=topic=139387.msg1571680#msg1571680 date=1294073107]
R. SURYAMURTHY

[url=http://www.telegraphindia.com/1110103/jsp/nation/story_13384263.jsp]http://www.telegraphindia.com/1110103/jsp/nation/story_13384263.jsp[/url]

New Delhi, Jan. 2: New Delhi may take Washington to the World Trade Organisation’s dispute panel over its move to fund a free-treatment scheme for 9/11 victims through legislation that will cost Indian IT companies millions of dollars, officials said.

Washington plans to raise the money in two ways. One, by imposing a two per cent levy on goods and services it imports from certain developing countries that include India. Two, by extending a fee hike for certain categories of the H1B and L1 visas that are extensively used by Indian professionals working in America.

These new laws will mainly hurt India’s IT companies, which earn about 60 per cent of the country’s $50 billion revenues from exports to America. The visa fee hike alone is expected to cost Indian IT companies operating in the US an extra $200 million a year.

“We plan to seek consultation with Washington at the WTO (an international body dealing with the rules of trade between nations) to discuss the legislation,” an Indian commerce ministry official said. “We would not hesitate to take the matter to the dispute settlement panel of the trade body if the issue does not get resolved.”

Commerce minister Anand Sharma has said the US move is “to my mind, a retrograde step” for greater trade engagement. He said that during President Barack Obama’s recent India visit, the two sides had agreed to reduce trade barriers and abjure protectionist measures to ease movement of professionals and investors.

The US legislation is aimed at funding free treatment of workers suffering from illnesses contracted while clearing the World Trade Center debris after the September 11, 2001, attacks.

The James Zadroga 9/11 Health and Compensation Act seeks to create a $4.3-billion fund for these workers, who number about 60,000. The act is named after a New York police officer who died in 2006, aged 34, from a respiratory disease. It is yet to be signed into operation by Obama.

In August, Washington had hiked the H1B and L1 visa fees till 2014 under the US Border Security provisions; the Zadroga act extends the hikes by one more year.

The two per cent import excise affects countries outside the purview of the WTO’s Agreement on Government Procurement. India is among these countries, which include China, the Philippines, Malaysia and nations in Africa, West Asia and Latin America.

The act’s provisions are being closely studied in Delhi, the commerce ministry source said. “Consultations are being made with the law ministry to make our case strong,” he said. “We plan to talk to other countries affected by the legislation so we can have a convergence of views and better coordination for a better result in dealing with Washington.”

Som Mittal, president of the National Association of Software and Services Companies, said US lawmakers seem to have developed a practice of unfairly taxing foreign companies to pay for domestic issues.

“The bill is a violation in spirit of the joint communiqué signed by President Obama and Prime Minister Manmohan Singh,” he said.
[/quote]

even though you have 140 cleared, USCIS is giving the work pemrit for only 1 yrs nowadays, seems like they want money every yr

every yr 5000 katti work permit techukovalante enta kastam...its like paying one month every yr to USCIS

soon obama is gonna make US a bankrupt country  @3$% @3$%

[srdh21]

[quote author=BENZBABU link=topic=139387.msg1571680#msg1571680 date=1294073107]
R. SURYAMURTHY

[url=http://www.telegraphindia.com/1110103/jsp/nation/story_13384263.jsp]http://www.telegraphindia.com/1110103/jsp/nation/story_13384263.jsp[/url]

New Delhi, Jan. 2: New Delhi may take Washington to the World Trade Organisation’s dispute panel over its move to fund a free-treatment scheme for 9/11 victims through legislation that will cost Indian IT companies millions of dollars, officials said.

Washington plans to raise the money in two ways. One, by imposing a two per cent levy on goods and services it imports from certain developing countries that include India. Two, by extending a fee hike for certain categories of the H1B and L1 visas that are extensively used by Indian professionals working in America.

These new laws will mainly hurt India’s IT companies, which earn about 60 per cent of the country’s $50 billion revenues from exports to America. The visa fee hike alone is expected to cost Indian IT companies operating in the US an extra $200 million a year.

“We plan to seek consultation with Washington at the WTO (an international body dealing with the rules of trade between nations) to discuss the legislation,” an Indian commerce ministry official said. “We would not hesitate to take the matter to the dispute settlement panel of the trade body if the issue does not get resolved.”

Commerce minister Anand Sharma has said the US move is “to my mind, a retrograde step” for greater trade engagement. He said that during President Barack Obama’s recent India visit, the two sides had agreed to reduce trade barriers and abjure protectionist measures to ease movement of professionals and investors.

The US legislation is aimed at funding free treatment of workers suffering from illnesses contracted while clearing the World Trade Center debris after the September 11, 2001, attacks.

The James Zadroga 9/11 Health and Compensation Act seeks to create a $4.3-billion fund for these workers, who number about 60,000. The act is named after a New York police officer who died in 2006, aged 34, from a respiratory disease. It is yet to be signed into operation by Obama.

In August, Washington had hiked the H1B and L1 visa fees till 2014 under the US Border Security provisions; the Zadroga act extends the hikes by one more year.

The two per cent import excise affects countries outside the purview of the WTO’s Agreement on Government Procurement. India is among these countries, which include China, the Philippines, Malaysia and nations in Africa, West Asia and Latin America.

The act’s provisions are being closely studied in Delhi, the commerce ministry source said. “Consultations are being made with the law ministry to make our case strong,” he said. “We plan to talk to other countries affected by the legislation so we can have a convergence of views and better coordination for a better result in dealing with Washington.”

Som Mittal, president of the National Association of Software and Services Companies, said US lawmakers seem to have developed a practice of unfairly taxing foreign companies to pay for domestic issues.

“The bill is a violation in spirit of the joint communiqué signed by President Obama and Prime Minister Manmohan Singh,” he said.
[/quote]

adedo .. oka saari ga thengi pote better US... ila stages lo kante.. atleast we will have a driving force to go back to India or some other country

[bhrami]

obama gadiki kothiki kobarikaya dorikintu vundhi, emmana ante h1 fees, import fees penchi dobuthunadu lou** gadu  los@r los@r los@r los@r los@r

[Deletedid1]

[quote author=Bimmer link=topic=139387.msg1571874#msg1571874 date=1294075929]
obama gadiki kothiki kobarikaya dorikintu vundhi, emmana ante h1 fees, import fees penchi dobuthunadu lou** gadu  los@r los@r los@r los@r los@r
[/quote]

nekem noppi neeku GC ayipoyindi gaaa  *7*^ *7*^ *7*^

[bhrami]

[quote author=BENZBABU link=topic=139387.msg1571886#msg1571886 date=1294076117]
nekem noppi neeku GC ayipoyindi gaaa  *7*^ *7*^ *7*^
[/quote]
naku ayipothe saripodhu kada, migatha andariki problem kadha  *7*^ *7*^ *7*^ *7*^ *7*^ *7*^