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NEW DELHI: Indian IT companies are preparing to cushion the impact of the US administration’s steep hike in H-1B visa fees, with analysts saying the blow, while sharp, is unlikely to be fatal for the sector. On September 19, President Donald Trump signed an executive order raising the fee for new H-1B applications to $100,000,…
H-1B visas also see significant usage from financial and consulting organisations. (AI image) US President Donald Trump’s move to steeply hike the H-1B visa fees to $100,000 in a bid to create more jobs for Americans may actually end up backfiring! Major Wall Street banks are actually expected to increase their dependence on business support…
NEW DELHI: Days after US President announced an exorbitant fee hike in H-1B visa fees, the White House is mulling exempting for physicians from the new fees, news agency Bloomberg reported on Monday.“The Proclamation allows for potential exemptions, which can include physicians and medical residents,” Bloomberg quoted White House spokesperson Taylor Rogers saying in an…
Trump announced a new fee of $100,000 for H-1B visas effective September 22, sparking concerns among IT professionals and companies. Amid the uncertainty, China’s K-visa – being dubbed as the country’s answer to the H-1B visa is making headlines. The new rules, aimed to amend regulations on foreign entries and exits were announced this August…
India’s startup ecosystem is sensing an unexpected opening as the US government’s $100,000 fee on new H-1B visas threatens to push skilled professionals back home. Founders and investors said the move could accelerate a reverse brain drain, swelling the pool of talent in software-as-a-service, deeptech and artificial intelligence.Manav Garg, founding partner at Together Fund, called…
H-1B visa has become costlier after Trump introduced a $100,000 annual fee on future applications. The new prices have come into effect starting today, September 21, leaving many guessing with what happens next. Amid the chaos, entrepreneur Prafull Billore, popularly known as MBA Chai Wala has become subject of online jokes after his recent trip…
India’s top IT services firms are bracing for a steep rise in costs after the US government sharply increased the H-1B visa application fee to $100,000, nearly ten times the earlier $7,500–10,000. According to estimates, leading players could each end up spending an additional $150–550 million in immigration fees based on their past visa sponsorship…
L-1 and O-1 visas are ideally for individuals seeking intracompany transfers and those with extraordinary abilities respectively. The Donald Trump administration’s H-1B visa fee hike to $100,000 may lead to companies opting for cheaper alternatives such as L1 and O1 visa categories.Despite having more rigorous qualification requirements and not being complete substitutes for H-1B visas,…
H-1B visa rule sparks anxiety, leaves Indian employees stranded in transit (Representative Image AI) BENGALURU: US President Donald Trump’s proclamation on the H-1B visa left many Indians on edge, wondering what it meant for them. Harish M, an Indian techie at a FAANG company, was on vacation in Kenya, scheduled to land in the US…
H-1B visa fee hike impact on Indian IT stocks today: Indian equity markets opened the week on a cautious note as investors digested the shock announcement from Washington, a steep hike in the cost of H-1B visas. This comes after the Trump administration raised the one-time fee for new H-1B petitions to an unprecedented $100,000…
