1B Visa Fee Shock: Why TCS, Infosys and India’s IT Model Face a Litmus Test – Outlook Business
The US administration has proposed a $103,265 fee on new H-1B petitions subject to the annual visa cap, a move that could significantly raise the cost of deploying foreign professionals in the US and put further pressure on the traditional delivery model of Indian IT companies. The Department of Ho…
Summary of this article The US has proposed a $103,265 fee on cap-subject H-1B petitions Large Indian IT companies may be able to absorb much of the cost, but smaller firms could face margin and investment pressure The fee could accelerate a shift in... [5385 chars]