Latest news with #India-USA
India.com
5 days ago
- Politics
- India.com
India Hails US Designation Of TRF As Terrorist Organization; Jaishankar Calls It ‘Strong Affirmation of Counter-Terrorism Ties'
External Affairs Minister S Jaishankar on Friday hailed the United States' decision to designate The Resistance Front (TRF) as a terrorist organisation, calling it a strong affirmation of India-US counter-terrorism cooperation. His statement came shortly after the US designated The Resistance Front (TRF), a proxy outfit of the terror group Lashkar-e-Taiba (LeT) and the group behind the April 22 Pahalgam terror attack in which 26 innocent civilians were killed, as a terrorist organisation and Specially Designated Global Terrorist. In a post on X, Jaishankar said, 'A strong affirmation of India-US counter-terrorism cooperation. Appreciate @SecRubio and @StateDept for designating TRF—a Lashkar-e-Tayyiba (LeT) proxy—as a Foreign Terrorist Organization (FTO) and Specially Designated Global Terrorist (SDGT). It claimed responsibility for the April 22 Pahalgam attack. Zero tolerance for Terrorism. #OpSindoor.' The Resistance Front (TRF), a Lashkar-e-Tayyiba (LeT) front and proxy, claimed responsibility for the April 22, 2025, Pahalgam attack, which killed 26 civilians. The US has described the Pahalgam incident as the 'deadliest attack' on India since the 2008 Mumbai attacks perpetrated by Lashkar-e-Taiba. "Today, the Department of State is adding The Resistance Front (TRF) as a designated Foreign Terrorist Organization (FTO) and Specially Designated Global Terrorist (SDGT). TRF, a Lashkar-e-Tayyiba (LeT) front and proxy, claimed responsibility for the April 22, 2025, Pahalgam attack, which killed 26 civilians. This was the deadliest attack on civilians in India since the 2008 Mumbai attacks conducted by LeT. TRF has also claimed responsibility for several attacks against Indian security forces, including most recently in 2024," the US state department said in a statement. Earlier, the Indian Embassy in Washington hailed the US decision, calling it 'another demonstration of strong India-US counter-terrorism cooperation.' "Another demonstration of strong India-USA counter-terrorism cooperation. Appreciate the Department of State for listing The Resistance Front (TRF) as a designated Foreign Terrorist Organization and Specially Designated Global Terrorist. TRF is a proxy of Lashkar-e-Tayyiba and claimed responsibility for the April 22 terror attack on civilians in Pahalgam. ZERO TOLERANCE for terrorism!" the Indian Embassy in Washington said in a statement.
Mint
07-07-2025
- Business
- Mint
Will I be taxed in India for consulting income from a US company?
I am working with a US based company on an H-1B visa for the past six years. I am getting married next month August 2025 and immediately plan to relocate permanently to India. I plan to continue working for the same US company in India, but in the capacity of an independent consultant based out of India. In these six years, I have spent a maximum of month in India during my visits. After I start working from India, will I be taxed on consultancy income that I will receive from the US company? - Name withheld on request If you move back to India in August 2025 and stay for at least 182 days during the financial year (April 2025 to March 2026), you'll qualify as a resident under Indian tax law. However, to determine whether you are an 'ordinary resident' or not, the law stipulates that an individual is classified as a 'resident but not ordinarily resident' (RNOR) if their total stay in India during the preceding seven financial years is less than or equal to 729 days. Given that you have spent less than a month in India each year over the past six years, your cumulative presence in India will not exceed this threshold. Accordingly, you will be treated as an RNOR for FY 2025–26 under Indian tax law. An individual classified as an RNOR is liable to tax in India only on income that: is received or deemed to be received in India; accrues or arises in India; or is deemed to accrue or arise in India. Also read: How is foreign rental income taxed in India? Income earned and accrued outside India is not taxable in India unless it is derived from a business controlled from or a profession set up in India. Since you will be rendering consultancy services from India, even if such services are provided to an overseas entity, the income will be considered to accrue in India and will, therefore, be taxable in India. However, any employment income earned in the US prior to your permanent return to India will not be subject to Indian tax for FY 2025-26. Any salary earned in the US before your move will not be taxed in India. For US tax purposes, you can file a dual-status return for calendar year 2025. This means: You'll be taxed as a US resident up to your departure date, And as a non-resident for the rest of the year (i.e. until 31 December 2025), after you move to India. Consequently, you would not be subject to US taxation on a worldwide basis for the period following your departure, when you are treated as a non-resident alien. As a non-resident alien, consultancy income earned for services performed outside the US is generally not taxable in the US. Furthermore, under the India-USA Double Taxation Avoidance Agreement (DTAA), if your consultancy income does not qualify as 'fees for included services' and you do not have a fixed base in the US, such income shall be taxable only in India, being your country of residence. Harshal Bhuta is partner at P. R. Bhuta & Co. CAs
Time of India
18-06-2025
- Business
- Time of India
'Deeply honoured': Chennai-born professor Anantha Chandrakasan appointed MIT provost, becomes first Indian-American in the role
Chennai-born Professor Anantha Chandrakasan has been appointed as the next provost of MIT, marking him as the first Indian-American to hold this prestigious position. Assuming office on July 1, he will oversee academic programs, faculty affairs, and strategic planning. NEW DELHI: Chennai-born Prof Anantha Chandrakasan has been named the next provost of the Massachusetts Institute of Technology (MIT), becoming the first Indian-American to hold the key leadership position at the prestigious US institution. He will assume charge on July 1. Chandrakasan, currently MIT's chief innovation and strategy officer and dean of engineering, was selected from among several top internal candidates. MIT President Sally Kornbluth praised his 'exceptional record of shaping and leading important innovations for the Institute.' The provost is MIT's chief academic and budget officer, overseeing all academic programs, faculty affairs, strategic planning, and affiliated units, while leading a team of vice provosts responsible for areas ranging from the arts to international engagement. 'I am deeply honoured to take on the role of provost,' Chandrakasan said in a statement issued by MIT. 'Looking ahead, I see myself as a key facilitator, enabling faculty, students, postdocs, and staff to continue making extraordinary contributions to the nation and the world.' Kornbluth said Chandrakasan takes over the role at a 'perilous' time for the institute, amid growing uncertainty over federal support for research, education, and international talent retention. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Esse novo alarme com câmera é quase gratuito em Itapucá (consulte o preço) Alarmes Undo 'In a time of such intense pressure and potentially historic change, I am particularly grateful that we will be able to draw on Anantha's depth and breadth of experience; his nimbleness, entrepreneurial spirit and boundless energy; his remarkable record in raising funds from outside sources for important ideas; and his profound commitment to MIT's mission,' she said. The Consulate General of India in New York congratulated Chandrakasan on his appointment, noting his significant contributions to US-India collaboration in R&D. 'A distinguished academic and leader, Prof Chandrakasan has remained a strong advocate of India-USA technological & R&D collaboration; has been working with various Indian government and private sector stakeholders towards this objective. We wish him all success in this important responsibility,' the Consulate said. Chandrakasan has served as MIT's dean of engineering since 2017 and was appointed as the institute's inaugural chief innovation and strategy officer in 2024. Prior to that, he led MIT's largest academic department — Electrical Engineering and Computer Science (EECS) — for six years. He also directed the Microsystems Technology Laboratories (MTL) from 2006 to 2011. Kornbluth, who appointed him as the first CISO, described him as someone with a 'can-do attitude, creativity, enthusiasm, strategic insight, fluency across a wide range of subject areas, and gift for engaging industry allies and donors.' Chandrakasan will succeed Cynthia Barnhart, who announced her decision to step down earlier this year. As provost, he will focus on three major priorities: long-term financial and institutional planning, attracting and retaining top talent, and enhancing interdisciplinary research, education, and entrepreneurship. 'Recognising that each school and other academic units operate within a unique context, I plan to engage deeply with their leaders to understand their challenges and aspirations. This will help me refine and set the priorities for the Office of the Provost,' Chandrakasan said. He also announced plans to establish advisory groups comprising faculty, students, postdocs, and external stakeholders to inform his decisions. 'There is a tremendous opportunity for MIT to be at the centre of the innovations in areas where the United States wants to lead. It's about AI. It's about semiconductors. It's about quantum, biosecurity and biomanufacturing space — but not only that,' Chandrakasan said. 'We need students who can do more than just code or design or build. We really need students who understand the human perspective and human insights. This is why collaborations between STEM fields and the humanities, arts and social sciences, such as through the new MIT Human Insights Collaborative, are so important,' he added. Chandrakasan holds a BS, MS, and PhD in electrical engineering and computer sciences from the University of California, Berkeley.
NDTV
18-06-2025
- Business
- NDTV
Indian-Origin Engineer Anantha Chandrakasan Named MIT Provost
New York: Prof Anantha Chandrakasan has been named Massachusetts Institute of Technology's new provost, the first Indian-American to serve in this leadership role. Chennai-born Mr Chandrakasan, who is MIT's chief innovation and strategy officer and Dean of Engineering, will begin his new role on July 1. MIT President Sally Kornbluth, in making the announcement, said that Mr Chandrakasan was chosen from a group of outstanding internal candidates and brings to this post an exceptional record of shaping and leading important innovations for the Institute. The MIT provost is the institute's chief academic and budget officer, with a wide-ranging portfolio that encompasses everything related to faculty, oversight of the educational enterprise and prime responsibility for MIT's strategic planning. In a statement from MIT, Mr Chandrakasan said he is 'deeply honoured" to take on the role of provost. 'Looking ahead, I see myself as a key facilitator, enabling faculty, students, postdocs, and staff to continue making extraordinary contributions to the nation and the world,' he said. Ms Kornbluth noted that Mr Chandrakasan steps into the provost's role at a 'perilous' time for MIT when some of its most basic operating assumptions – including MIT's ability to count on extensive federal support for its mission of research, education and innovation, and to attract and retain superb talent from around the world – are now uncertain. 'In a time of such intense pressure and potentially historic change, I am particularly grateful that we will be able to draw on Anantha's depth and breadth of experience; his nimbleness, entrepreneurial spirit and boundless energy; his remarkable record in raising funds from outside sources for important ideas; and his profound commitment to MIT's mission,' she said. The Consulate General of India in New York congratulated Mr Chandrakasan on his appointment as Provost of MIT, noting that he is the first Indian-American to have achieved this feat. 'A distinguished academic and leader, Prof Chandrakasan has remained a strong advocate of India-USA technological & R&D collaboration; has been working with various Indian government and private sector stakeholders towards this objective. We wish him all success in this important responsibility,' the Consulate said. 'In short, the job truly could not be more central to MIT's present and future vitality,' Ms Kornbluth said. The provost also oversees several affiliated institutes and units and leads a team of vice provosts responsible for the arts; campus space management and planning; faculty; international activities; and Open Learning. Mr Chandrakasan has served as the dean of the School of Engineering since 2017 and as MIT's inaugural chief innovation and strategy officer since 2024. Prior to becoming dean, he headed the Department of Electrical Engineering and Computer Science (EECS), MIT's largest academic department, for six years. Kornbluth said she had chosen him as MIT's inaugural chief innovation and strategy officer (CISO) because of his 'can-do attitude, creativity, enthusiasm, strategic insight, fluency across a wide range of subject areas, and gift for engaging industry allies and donors.' Mr Chandrakasan succeeds Cynthia Barnhart, who announced her decision to step down from the role in February. As MIT's chief academic officer, Mr Chandrakasan will focus on three overarching priorities: understanding institutional needs and strategic financial planning, attracting and retaining top talent, and supporting cross-cutting research, education, and entrepreneurship programming, the MIT statement said. 'Recognising that each school and other academic units operate within a unique context, I plan to engage deeply with their leaders to understand their challenges and aspirations. This will help me refine and set the priorities for the Office of the Provost,' Mr Chandrakasan said. Mr Chandrakasan also plans to establish a provost faculty advisory group to hear on an ongoing basis from faculty across the five schools and the college, as well as student/postdoc advisory groups and an external provost advisory council, he said adding that his goal is to continue to facilitate excellence at MIT at all levels, it said. 'There is a tremendous opportunity for MIT to be at the centre of the innovations in areas where the United States wants to lead. It's about AI. It's about semiconductors. It's about quantum, biosecurity and biomanufacturing space — but not only that," Mr Chandrakasan said in the MIT statement. "We need students who can do more than just code or design or build. We really need students who understand the human perspective and human insights. This is why collaborations between STEM fields and the humanities, arts and social sciences, such as through the new MIT Human Insights Collaborative, are so important,' Mr Chandrakasan said. Mr Chandrakasan earned his BS, MS, and PhD in electrical engineering and computer sciences from the University of California at Berkeley. After joining the MIT faculty, he was director of the Microsystems Technology Laboratories (MTL) from 2006 until he became the head of EECS in 2011.
The Hindu
17-06-2025
- Business
- The Hindu
Chennai-Born engineer Prof. Chandrakasan appointed Provost of MIT
Prof. Anantha Chandrakasan has been named Massachusetts Institute of Technology's new provost. The Consulate General of India in New York congratulated Prof. Chandrakasan, noting that he is the first Indian-American to have achieved this feat. Chennai-born Prof. Chandrakasan, who is MIT's chief innovation and strategy officer and Dean of Engineering, will begin his new role on July 1. The MIT provost is the institute's chief academic and budget officer, with a wide-ranging portfolio that encompasses everything related to faculty, oversight of the educational enterprise, and prime responsibility for MIT's strategic planning. In a statement from MIT, Prof. Chandrakasan said he is 'deeply honoured' to take on the role of provost. 'Looking ahead, I see myself as a key facilitator, enabling faculty, students, postdocs, and staff to continue making extraordinary contributions to the nation and the world,' he said. At a 'perilous' time for MIT MIT President Sally Kornbluth, in making the announcement, said that Prof. Chandrakasan was chosen from a group of outstanding internal candidates and brings to this post an exceptional record of shaping and leading important innovations for the Institute. Ms. Kornbluth noted that Prof. Chandrakasan steps into the provost's role at a 'perilous' time for MIT when some of its most basic operating assumptions – including MIT's ability to count on extensive federal support for its mission of research, education and innovation, and to attract and retain superb talent from around the world – are now uncertain. 'In a time of such intense pressure and potentially historic change, I am particularly grateful that we will be able to draw on Anantha's depth and breadth of experience; his nimbleness, entrepreneurial spirit and boundless energy; his remarkable record in raising funds from outside sources for important ideas; and his profound commitment to MIT's mission,' she said. The Consulate General of India said, 'A distinguished academic and leader, Prof. Chandrakasan has remained a strong advocate of India-USA technological and R&D collaboration; has been working with various Indian government and private sector stakeholders towards this objective. We wish him all success in this important responsibility'. Prof. Chandrakasan has served as the dean of the School of Engineering since 2017 and as MIT's inaugural chief innovation and strategy officer since 2024. Prior to becoming dean, he headed the Department of Electrical Engineering and Computer Science (EECS), MIT's largest academic department, for six years. Ms. Kornbluth said she had chosen him as MIT's inaugural chief innovation and strategy officer (CISO) because of his 'can-do attitude, creativity, enthusiasm, strategic insight, fluency across a wide range of subject areas, and gift for engaging industry allies and donors.' Prof. Chandrakasan succeeds Cynthia Barnhart, who announced her decision to step down from the role in February. Road ahead As MIT's chief academic officer, Prof. Chandrakasan will focus on three overarching priorities: understanding institutional needs and strategic financial planning, attracting and retaining top talent, and supporting cross-cutting research, education, and entrepreneurship programming, the MIT statement said. 'Recognising that each school and other academic units operate within a unique context, I plan to engage deeply with their leaders to understand their challenges and aspirations. This will help me refine and set the priorities for the Office of the Provost,' Prof. Chandrakasan said. Prof. Chandrakasan also plans to establish a provost faculty advisory group to hear on an ongoing basis from faculty across the five schools and the college, as well as student/postdoc advisory groups and an external provost advisory council, he said adding that his goal is to continue to facilitate excellence at MIT at all levels, it said. "We need students who can do more than just code or design or build. We really need students who understand the human perspective and human insights. This is why collaborations between STEM fields and the humanities, arts and social sciences, such as through the new MIT Human Insights Collaborative, are so important,' Prof. Chandrakasan said. Prof. Chandrakasan earned his B.S., M.S., and Ph.D in Electrical Engineering and Computer Sciences from the University of California at Berkeley. After joining the MIT faculty, he was director of the Microsystems Technology Laboratories (MTL) from 2006 until he became the head of EECS in 2011.
