
US proposed 5% tax on remittances to hit rupee: GTRI
The provision is part of a broader legislative package titled 'The One Big Beautiful Bill' introduced in the US House of Representatives on May 12.

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News18
a day ago
- News18
Republican Congresswoman Miller Criticizes Sikh Prayer, Mistakenly Identifies Cleric As Muslim
Giani Singh, a Sikh religious leader from New Jersey, was misidentified by GOP's Mary Miller in a now-deleted social media post. US Republican lawmaker Mary Miller has drawn sharp criticism from both Democrats and members of her own party after she wrongly identified a Sikh religious leader as Muslim and said he should not have been allowed to lead the daily prayer in the US House of Representatives. Giani Singh, a Sikh granthi from southern New Jersey, delivered the House's morning prayer on Thursday after being invited by Congressman Jeff Van Drew. Following this, Miller posted on X (formerly Twitter) saying it was 'deeply troubling a Muslim was allowed to lead prayer in the House." She added, 'This should have never been allowed to happen," and claimed that the United States was 'founded as a Christian nation" and that its government should reflect that. Miller later edited the post to refer to Singh as Sikh and then deleted it altogether. Her comments triggered widespread bipartisan outrage despite the deletion of the tweet. Rep. Mary Miller says in a since-edited post it was "deeply disturbing" that a "Muslim" led morning prayer in the House (it was actually a Sikh man, Giani Singh, who'd been welcomed by Rep. Jeff Van Drew) — Nicholas Wu (@nicholaswu12) June 6, 2025 'She looks darn ignorant," one Republican House member told Axios, the US news agency that first reported the development. Another Republican, Nick LaLota, said, 'A Sikh prayer on the House floor doesn't violate the Constitution, offend my Catholic faith, or throttle my support for Israel. Live and let live". Congressman Van Drew, who invited Singh, said in a statement that respecting all faiths is central to American values. 'As a Catholic, I take my faith seriously and I also believe part of being American is respecting other people's faiths too," he said. 'The Sikh community is peaceful, generous, and deeply rooted in family and service, values we should all appreciate". Miller, a right-wing conservative with a record of controversial remarks, has faced backlash before. In 2021, she said 'Hitler was right on one thing" while speaking about youth, a statement she later apologised for. In 2022, she referred to the overturning of Roe v. Wade as a 'victory for white life," which her office later claimed was a misreading of prepared remarks. First Published: June 07, 2025, 19:34 IST


Time of India
a day ago
- Time of India
US Congressman raises Sindh human rights concerns with Pakistan delegation
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel In a significant diplomatic development, critical issues affecting the people of Sindh were raised during recent discussions between US Congressman Brad Sherman and a visiting Pakistani Congressman, a senior member of the US House of Representatives, voiced strong concerns over water scarcity, enforced disappearances, and systemic repression of the Sindhi Sherman took to social media to share that he had highlighted the urgent need to protect the Indus River -- the lifeline for tens of millions of Sindhis -- during his meeting with the delegation. "Protecting this vital water resource is essential," he stated, underscoring the environmental and humanitarian crisis unfolding in also expressed alarm over recent unrest in Moro, a city in Sindh, where two protesters, Irfan and Zahid Laghari, were reportedly killed while demanding water rights. "For years, Sindhis have faced political repression through enforced disappearances and extrajudicial killings," Sherman said, citing Pakistan's Human Rights Commission's documentation of over 8,000 enforced disappearances since 2011 -- many of which have never been properly assured that he had raised the issue of enforced disappearances directly with Pakistani officials and pledged to continue pressing for accountability and Washington-based Sindhi Foundation welcomed Sherman's intervention and praised his advocacy for the people of organization in a press statement confirmed that it had also written to US Secretary of State Marco Rubio, drawing attention to multiple threats to the very survival of Sindh and its to the Foundation, these threats include the illegal construction of canals over the Indus River to enable corporate farming, systematic enforced disappearances of political activists, and alleged manipulation of the 2023 census aimed at altering Karachi's demography -- all part of an effort, they claim, to divide Sindh along linguistic lines. The marginalization of the Sindhi language was also cited as a serious cultural concern."The Sindhi Foundation will continue to raise these pressing issues in political corridors across the U.S. and the world until the freedom and rights of the Sindhi people are fully realized," the organization development marks a rare instance of Sindh-related human rights concerns being raised at the highest levels of US policymaking, drawing international attention to the long-standing grievances of the Sindhi population.


NDTV
a day ago
- NDTV
How Trump's 'Big, Beautiful Bill' Impacts Funds Transferred To India
New Delhi: In US President Donald Trump's "One Big Beautiful Bill," recently pushed through the House of Representatives, lies a provision that could change global remittance flows, and India, the world's leading recipient of remittances, could be impacted the most. On May 22, the US House narrowly passed the bill by a 215-214 margin, moving forward legislation that includes a proposed 3.5 per cent tax on all outbound remittance transfers. Originally pitched at 5 per cent, the rate was later revised under pressure. The clause targets funds transferred from the United States to recipients abroad by foreign workers, including legal residents such as green card holders and temporary visa workers like H-1B employees. The proposed bill has been heavily criticised by billionaire Elon Musk, who has had a monumental fallout with the US President. "I think a bill can be big or it could be beautiful. But I don't know if it could be both," the Tesla and SpaceX chief said recently. How It Will Impact India According to the World Bank and Reserve Bank of India (RBI), India received approximately $129 billion in remittances in 2024 alone. The figure is almost as much as the annual budgets of Pakistan ($67 billion) and Bangladesh ($68 billion) combined. The largest portion of this sum originates from Indian workers in the United States. The proposed new tax could drain billions from the pool of funds that support millions of households in India. In the last 10 years, India's overall remittances grew by 57 per cent. In total, between 2014 and 2024, India has received nearly $1 trillion dollars ($982 billion) only in remittances. The tax could disproportionately affect states where remittance flows are critical to household consumption. Kerala, Maharashtra, Uttar Pradesh, and Bihar are among the top recipients. Migrant Labour Impact India's international migrant population rose from 6.6 million in 1990 to an estimated 18.5 million by 2024. While the Gulf continues to host a larger portion of these migrants, a significant share now resides in developed economies, particularly the United States, where Indian professionals dominate high-earning sectors like IT, healthcare, finance, and engineering. Recent figures show that nearly 78 per cent of Indian workers in the US are employed in high-income professions, contributing to a sharp increase in total remittances from the US, which accounted for almost 28 per cent of India's total in 2023-24, up from 23.4 per cent in 2020-21. "The proposed US tax on remittances sent abroad by non-citizens is raising alarm in India, which stands to lose billions in annual foreign currency inflows if the plan becomes law," the Global Trade Research Initiative (GTRI) said, as quoted by news agency PTI. Political Context Of The Bill The remittance tax is just one element of the sweeping legislation backed by President Trump, who has promised that the bill will fund his campaign pledges Some other provisions include: No federal tax on tips and overtime for individuals earning under $160,000 per year, a measure Trump heavily promoted during his 2024 campaign. Creation of Trump Savings Accounts with a $1,000 initial deposit for newborns and a $5,000 annual contribution cap. Repeal of excise taxes on gun silencers and indoor tanning services. SALT deduction cap raised from $10,000 to $40,000 for joint filers with income under $500,000 - though this provision faces opposition in the Senate; A rollback of green energy tax credits, including those for electric vehicles and residential solar panel installations. Deep cuts to student loan programs.