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UPS: EPFO pauses Unified Pension Scheme adoption for its employees; says matter still under consideration

The Employees’ Provident Fund Organisation (EPFO) has temporarily put on hold its earlier order allowing employees to adopt the Unified Pension Scheme (UPS), stating that the matter is still under consideration. “It is to inform that the matter regarding implementation of the Unified Pension Scheme (UPS) for the employees of the Central Board is still…

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Relief for current H-1B employees but a blow to future hiring

The panic that swept through American corporations, their H-1B employees and family members has somewhat eased. Notifications issued late on Saturday night by the US Citizenship and Immigration Services (USCIS) and the US Customs and Border Protection (CBP) clarified that the controversial $100,000 “supplemental (entry) fee” announced under President Trump’s proclamation will not apply to…

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World’s largest investment bank Goldman Sachs issues guidance for H-1B visa employees: ‘This is an uncertain time for you and your family…’

Goldman Sachs has given new advice to workers with H1-B visas. This comes after President Donald Trump announced that companies must now pay $100,000 every year for each foreign worker on an H1-B visa. The new rule has forced big tech companies like Google, Microsoft, and Amazon to tell their visa workers to stay in…

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America’s largest bank JPMorgan to employees as H1-B visa fees increased to $100,000: Return to US before September 21

JPMorgan has asked H1-B visa holders currently outside the United States to return before 12:01am ET on September 21, following a new directive from President Donald Trump that requires companies to pay an annual fee of $100,000 for each H-1B worker. As per a report by news agency Reuters, JPMorgan Chase’s external immigration counsel has…

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After Microsoft, Amazon issues deadline for its Indian and foreign employees: Return to US before Trump’s $100,000 Fee takes effect

Amazon has advised its employees with H-1B and H-4 visas to avoid international travel for the foreseeable future. As per a company note reviewed by news agency Reuters, the e-tailer has recommended Indian and other foreign employees currently outside the country to return back before midnight EDT on September 21. The move comes after Trump…

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Trump hikes H-1B visa fee to $100,000! How much does it cost right now & how will Indian IT companies, tech employees be hit? Explained

H-B visa fee hike: This decision could notably affect Indian IT professionals and workers in the United States. H-B visa fee hiked! The Donald Trump administration sent shockwaves across the technology sector – particularly Indian IT, by substantially hiking the fee for H-1B visas. The revised regulations mandate organisations recruiting foreign professionals on H-1B visas…

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Gujarat chip city: Japanese, Taiwanese firms plan housing corridors in Dholera; Tata’s fab to host expat employees

Japanese and Taiwanese electronics and semiconductor companies are exploring the development of country-specific housing corridors in Dholera, Gujarat, to accommodate expat employees working on India’s first chip fabrication unit.Tokyo Electron Ltd (TEL) from Japan and Taiwan’s PSMC, both partners in the Tata Group’s upcoming Dholera fab, are reportedly considering private housing facilities for their staff….

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Microsoft has a 24-hour deadline warning for Indian and other foreign employees after H1-B visa fees hike to $100,000: Strongly recommend H1B visa holders….

Microsoft has urged its employees on H-1B and H-4 visas to return to the US immediately before the Trump administration’s September 21 deadline, after which companies will be required to pay $100,000 per year for each H-1B worker visa. According to an internal email reviewed by Reuters, the software giant has also advised those already…

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Microsoft CEO Satya Nadella ‘warns’ employees at company townhall: ‘I’m haunted by one particular…’

Microsoft CEO Satya Nadella Microsoft CEO Satya Nadella has revealed that he is “haunted” by the possibility of Microsoft not surviving the era of artificial intelligence (AI). Speaking at an employee-only town hall, Nadella was responding to a question about a perceived change in the company’s culture, but his answer also exposed his personal fears…

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Elon Musk gives 48 hour deadline to xAI employees: Send summary of what you’ve accomplished and what you….

Elon Musk has once again asked his employees to justify their work, this time sending an email to all xAI staff requesting detailed summaries of their recent accomplishments and future plans. The Tesla and SpaceX CEO gave workers just two days to compile one-page reports outlining what they’ve achieved in the past four weeks and…

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