ramaonline
11-08 02:52 AM
I have an nre repatriable demat acct thru icici - it took all of 5 mnths and over 30 calls to cust svc to get the acct opened. The acct was mainly for utilizing the indian stock opts given by employer. You can trade as an NRI but online trading is not available for US residents on nre demat accts - u can however trade thru a broker like sharekhan etc.
All dividends are credited only to your NRE savings a/c - not to regular savings a/c. Any stock sale requires an authorization number which the broker can provide. Taxes on capital gains must be paid only if you sell within a year of purchase - the percentage is the same as for Indian citizens. There is no tax on long term cap gains
Since we do not have any taxable income in India, and many NRIs make charitable contributions regularly, the tax liabilities are usually not very high
Also there is a very informative section on sify.com for NRI taxation. You are not required to file any tax returns if you are in NRI status and are within the exemption limits.
All dividends are credited only to your NRE savings a/c - not to regular savings a/c. Any stock sale requires an authorization number which the broker can provide. Taxes on capital gains must be paid only if you sell within a year of purchase - the percentage is the same as for Indian citizens. There is no tax on long term cap gains
Since we do not have any taxable income in India, and many NRIs make charitable contributions regularly, the tax liabilities are usually not very high
Also there is a very informative section on sify.com for NRI taxation. You are not required to file any tax returns if you are in NRI status and are within the exemption limits.
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pointlesswait
01-14 12:38 PM
the fact that it applies only for illegals..
`Sec. 245B. (a) In General- The Secretary of Homeland Security may adjust the status of an alien to that of an alien lawfully admitted for permanent residence if the alien--
`(1) was physically present in the United States for a continuous period of not less than 5 years immediately preceding the date on which this provision was enacted and has maintained continuous physical presence since then.
This if i am reading and understanding right may not be too bad. Let me kow if i am missing anything......
`Sec. 245B. (a) In General- The Secretary of Homeland Security may adjust the status of an alien to that of an alien lawfully admitted for permanent residence if the alien--
`(1) was physically present in the United States for a continuous period of not less than 5 years immediately preceding the date on which this provision was enacted and has maintained continuous physical presence since then.
This if i am reading and understanding right may not be too bad. Let me kow if i am missing anything......
gc_on_demand
06-12 12:44 PM
Good analysis.
Additions: from all current categories - may be 25 K in 2 years?
This is the key stat here. It all depends on how many apps that are in the current category now get filed in the next few years. If there are no more new EB applicants, we should see all pending apps to get approved in a year or two max. The 4 current categories now are EB1 ROW, EB1 India/China and EB2 ROW. If there are 140K apps coming in every year from these categories, we'll never see any movement for EB2/EB3. Anybody know the average number of applicants the last few years from these categories? From the recent news, we know that demand for EB1 India and EB1 China has grown substantially. In my opinion, setting a cutoff date for EB1 India/China would be the best thing for USCIS to do now. That will prevent any new visa usage for EB1 India/China and allow EB2 and EB3 categories to catch up.
If they get continus apps from Eb1 in each quater how can they set up cutoff date ? ( I mean their demand with in range of supply ) .. isn't that illegal ?
Additions: from all current categories - may be 25 K in 2 years?
This is the key stat here. It all depends on how many apps that are in the current category now get filed in the next few years. If there are no more new EB applicants, we should see all pending apps to get approved in a year or two max. The 4 current categories now are EB1 ROW, EB1 India/China and EB2 ROW. If there are 140K apps coming in every year from these categories, we'll never see any movement for EB2/EB3. Anybody know the average number of applicants the last few years from these categories? From the recent news, we know that demand for EB1 India and EB1 China has grown substantially. In my opinion, setting a cutoff date for EB1 India/China would be the best thing for USCIS to do now. That will prevent any new visa usage for EB1 India/China and allow EB2 and EB3 categories to catch up.
If they get continus apps from Eb1 in each quater how can they set up cutoff date ? ( I mean their demand with in range of supply ) .. isn't that illegal ?
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Macaca
08-14 07:22 PM
The following statistics reflect a steady increase in the number of I-485 applications (including family-based and other cases) during the months before the July VB fiasco hit the roof as is shown in the following table:
Month New Receipt Total Pending
June 2007 69,098 597,844
It is not possible to have 600K total pending cases (= EB + Family + Asylum + Refugee + ...) cases because there were 1,275,795 pending cases in March (according to Ombudsman) AND it is not possible to give 600K+ GCs in 3 months: EB + Family = 140K + 226K = 366K.
So my understanding is that there were 600K pending EB cases in June. Does family-based GC application have I-485 stage?
Month New Receipt Total Pending
June 2007 69,098 597,844
It is not possible to have 600K total pending cases (= EB + Family + Asylum + Refugee + ...) cases because there were 1,275,795 pending cases in March (according to Ombudsman) AND it is not possible to give 600K+ GCs in 3 months: EB + Family = 140K + 226K = 366K.
So my understanding is that there were 600K pending EB cases in June. Does family-based GC application have I-485 stage?
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sk082671
01-21 11:07 PM
Hi,
Sorry guys, I found how to contribute, i am mailing my check of $100 today, I appreciate all your effort, I hope we should win finally.
I thank every one on this forum for taking initiative and fighting for common goal.
Thanks
SK260871
Sorry guys, I found how to contribute, i am mailing my check of $100 today, I appreciate all your effort, I hope we should win finally.
I thank every one on this forum for taking initiative and fighting for common goal.
Thanks
SK260871
aadimanav
07-14 04:20 PM
I have just sent an email to Senator Dianne Feinstein.
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sanju
04-17 03:33 PM
What is the $ rate to Rs. today? Ya!! a special request for UK pound and Malagasy franc, please??? I am ready with my coffee and keeping my fingers crossed, waiting to see the real numbers.... alright, lets see!!!!
Anybody?
Anybody?
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seeker
05-24 10:31 AM
Status quo is far far much better that passing this bill which has articulately been designed to screw us completely.
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anilsal
07-21 02:31 PM
Let us hear more info from the IV core about the SKIL bill and why the dems voted nay for it. Just do not go analyzing things from your perspective, on a public forum.
Just the way, IV was instrumental in getting the July Visa Bulletin fiasco rectified, they are on top of everything(I am sure). Have a nice week end.
Why don't you PM the core members directly looking for answers?
Just the way, IV was instrumental in getting the July Visa Bulletin fiasco rectified, they are on top of everything(I am sure). Have a nice week end.
Why don't you PM the core members directly looking for answers?
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micofrost
05-13 05:13 PM
Why cant you guys understand, we have no right to demand.
Lot of people , who otherwise would have qualified for Eb2 went ahead with EB3. First of all why did you you agree to it. Because, that time, that was something easy to get instead of changing it to EB2. That was the fight under your control. Not the one you are asking for.
Someone rightly said, you need one scientist,2 qualified/experience guys and 6 eb3 guys to do actual work. A right pyramid for an organisation.
But how can you miss govt. requirement. They need more PhDs. So they are asking us to do more study, earn more higher advanced degrees because thats what they need. Not our so called BE/Btech degree. In another 4-5 years, I wont be surprised, if only guys with masters will be only allowed to apply, if they find equal number of master graduates. Who cares for ordinary graduates. EB3 min qual will be raised to Masters with 5 years experience. What will be your say then ?
So look ahead and act accordingly. Make sure you can anticpate their moves. Its not a rocket science. 6-7 years back, there wasnt much application for EB category. But looking at the last year number, I wont be suprised, if they decide to raise the criteria bar. Simple, and all backlogs will be over. The reason they are not doing this because they still need eb3/eb2. But not in quantity, you would like them to but rather what they would like to have.
As far as country uota is concerned, everyone knows China and India, over populous contry. You increase the number to a million, and that would also fall short. But then they do not want so many people from a single country, as it will have a lot of political ramification in the future.
Lot of people , who otherwise would have qualified for Eb2 went ahead with EB3. First of all why did you you agree to it. Because, that time, that was something easy to get instead of changing it to EB2. That was the fight under your control. Not the one you are asking for.
Someone rightly said, you need one scientist,2 qualified/experience guys and 6 eb3 guys to do actual work. A right pyramid for an organisation.
But how can you miss govt. requirement. They need more PhDs. So they are asking us to do more study, earn more higher advanced degrees because thats what they need. Not our so called BE/Btech degree. In another 4-5 years, I wont be surprised, if only guys with masters will be only allowed to apply, if they find equal number of master graduates. Who cares for ordinary graduates. EB3 min qual will be raised to Masters with 5 years experience. What will be your say then ?
So look ahead and act accordingly. Make sure you can anticpate their moves. Its not a rocket science. 6-7 years back, there wasnt much application for EB category. But looking at the last year number, I wont be suprised, if they decide to raise the criteria bar. Simple, and all backlogs will be over. The reason they are not doing this because they still need eb3/eb2. But not in quantity, you would like them to but rather what they would like to have.
As far as country uota is concerned, everyone knows China and India, over populous contry. You increase the number to a million, and that would also fall short. But then they do not want so many people from a single country, as it will have a lot of political ramification in the future.
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number30
10-04 08:27 AM
Children can apply for OCI once they become 18 years. Until that time PIO has to be used unless one of the parents becomes a citizen meanwhile
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punjabi77
07-17 04:47 PM
Emailed and Faxed the letter to Saxby Chambliss, US senator of Georgia
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alapkd
09-07 03:33 AM
@alapkd -> Unfortunately they hardly get caught...
think about it if it was just paying a cut to the management to get your person hired wont ur competitor do the same. i have seen ppl getting caught because the competitor came to know of this and got really pissed and spread it around and the manager got screwed. most of the big companies have very strict policy for even gifts acceptance and the kind of gifts and amounts of it. i m sure it still happens but it can not be as widespread as ppl think it would be. which vendor to use is determined by someone really high up. most companies also keep a track of how much the primary vendor is getting out of the deal and there is a cap on it. they ask for the legal contract to check what % primary vendor is keeping so primary vendor cant fool the company and underpay the consultant and keep a hefty chunk for themselves.
all i can say is if you see a manager who is involved in illegal practice of taking kick backs expose that guy and get him fired it is your responsibility and it can be done.
think about it if it was just paying a cut to the management to get your person hired wont ur competitor do the same. i have seen ppl getting caught because the competitor came to know of this and got really pissed and spread it around and the manager got screwed. most of the big companies have very strict policy for even gifts acceptance and the kind of gifts and amounts of it. i m sure it still happens but it can not be as widespread as ppl think it would be. which vendor to use is determined by someone really high up. most companies also keep a track of how much the primary vendor is getting out of the deal and there is a cap on it. they ask for the legal contract to check what % primary vendor is keeping so primary vendor cant fool the company and underpay the consultant and keep a hefty chunk for themselves.
all i can say is if you see a manager who is involved in illegal practice of taking kick backs expose that guy and get him fired it is your responsibility and it can be done.
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dhirajs98
03-10 10:49 AM
thank you, dhirajs. What was the amount (so that i can add it to the total)? Thanks..
$50
$50
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anadimisra
09-15 02:02 PM
Like the other guy you said, I have an equity of 200,000 in one house and 50,000 in other house. I still don't have green card. I have around 300,000 in
401k and 150,000 in brokerage accounts. My net worth is around 800k, most of my money is in this country. If I want to continue my lifestyle, I need my GC, that will secure my right to live in this country. AFter 9 years of tax paying and law abiding life, I think i have a right to live in this country, but with this stupid laws don't know when i will get my GC.
I don't know other things about your life but about 100% of H1-B holders that I know just dream of being 0.8 millionare.
Also, one thing I find conflictng is that we all claim so much having right to be in this country as Mihir mentioned, plan a retirement home in India or other home countries. But I have seen so many Indians with GC mentioning that they want to go back to India as soon as they become citizen . Honestly if I am in USCIS and know this, I am gonna make it as tough as possible for that ethnic group to get GC's.
As far as the question of spouse working or not, hell I do not want to work myself given a chance, why would someone feel bad about not being able to work, as log as we can provide them with all they want (Not only all they need).
401k and 150,000 in brokerage accounts. My net worth is around 800k, most of my money is in this country. If I want to continue my lifestyle, I need my GC, that will secure my right to live in this country. AFter 9 years of tax paying and law abiding life, I think i have a right to live in this country, but with this stupid laws don't know when i will get my GC.
I don't know other things about your life but about 100% of H1-B holders that I know just dream of being 0.8 millionare.
Also, one thing I find conflictng is that we all claim so much having right to be in this country as Mihir mentioned, plan a retirement home in India or other home countries. But I have seen so many Indians with GC mentioning that they want to go back to India as soon as they become citizen . Honestly if I am in USCIS and know this, I am gonna make it as tough as possible for that ethnic group to get GC's.
As far as the question of spouse working or not, hell I do not want to work myself given a chance, why would someone feel bad about not being able to work, as log as we can provide them with all they want (Not only all they need).
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sab
02-23 12:28 PM
Let me guess, you are a pakistani terrorist. Now you are jealous that how come an Indian muslim win 2 oscars? How will you give out your hateful message to other pakistanis terrorists that indian muslims are being torchured, so you have to "save" indian muslims. Too bad, no pakistani got an oscar. I know why, because the terror capital of the world is going down the drain pretty fast.
.
Moderators ban Sanju. He is igniting hatred!
.
Moderators ban Sanju. He is igniting hatred!
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a_yaja
08-16 08:21 AM
Shirish has a very valid point. I think it should be six months after I-485 application as pointed in AC21.
I think the 6 months period should be counted fron the RD on the RN for you I-485, else AC21 and this " propoganda" contadict each other.
If you get your GC with in 6months from the RD then stay untill you finish 6 months (this is very unlikely to happen as it takes lot more than 6 months)
If you get the GC after 6 months i think you are fine.
AC21 applies only if your GC has not been approved. You cannont invoke AC21 after your GC has been approved.
I think the 6 months period should be counted fron the RD on the RN for you I-485, else AC21 and this " propoganda" contadict each other.
If you get your GC with in 6months from the RD then stay untill you finish 6 months (this is very unlikely to happen as it takes lot more than 6 months)
If you get the GC after 6 months i think you are fine.
AC21 applies only if your GC has not been approved. You cannont invoke AC21 after your GC has been approved.
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pankaj_n
04-20 12:09 PM
Not appeal but rather re-filing as a fresh 140. The labor doesn't expire as long as you had filed an i-140 in the past when the labor was valid.
So i am going to talk my lawyer about it . we might have to change our approach this time.
Just want to clear about path. We will file again and they will denied again due to 3 year Bachelor then we will appeal and show the case reference
"Admininstrative appeals office decision approved it saying that it didn't matter how long
the combined study was. As long as foreign masters equals us masters then that is all which needs to be proven."
So i am going to talk my lawyer about it . we might have to change our approach this time.
Just want to clear about path. We will file again and they will denied again due to 3 year Bachelor then we will appeal and show the case reference
"Admininstrative appeals office decision approved it saying that it didn't matter how long
the combined study was. As long as foreign masters equals us masters then that is all which needs to be proven."
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HawaldarNaik
02-25 01:06 PM
I think its high time now that we do something more concrete rather than send flowers/Pijjjaaa/ Vada Pau/ Pau Bhajeee/Medhu vada etc etc....
Form small teams who will start interacting with men who matter...make a roadmap among themselves and start discussions or convince the men who matter that its high time we get things moving
I am willing to be part of a team/core group that will escalate it to the concerned people rather than taking of flowers/bhelpooreee etc etc....
Form small teams who will start interacting with men who matter...make a roadmap among themselves and start discussions or convince the men who matter that its high time we get things moving
I am willing to be part of a team/core group that will escalate it to the concerned people rather than taking of flowers/bhelpooreee etc etc....
small2006
12-31 10:43 AM
And they say why Albert Pinto "Plassey" is an angry man?
My current H1 is expiring soon. My 3 year H1 extension is pending. I had receipt notice but NJ DMV at Wayne refused to accept that. My current License is valid only till the middle of the next month.
Any body in the same boat? What shall I do?
Try the TRENTON office. They are pretty cool. It may work there.
My current H1 is expiring soon. My 3 year H1 extension is pending. I had receipt notice but NJ DMV at Wayne refused to accept that. My current License is valid only till the middle of the next month.
Any body in the same boat? What shall I do?
Try the TRENTON office. They are pretty cool. It may work there.
tikka
07-13 09:37 PM
thanks......at least one person showed up
15...:D
15...:D
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