Business Standard
Friday, May 25, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||||||Technology| 
 Section Home | News Now | Features & Analysis | IT/ITES | Telecom | Hardware | Columnists | Gadgets & Gizmos
Home > Tech World Live Markets | Commodities
 

America Inc criticises rise in US visa fee
BS Reporter / Mumbai Aug 12, 2010, 01:46 IST

The American corporate sector has criticised the US government move to increase visa fees for IT professionals.

The US Chamber of Commerce, in a letter to the members of the House of Representatives said: “The Chamber is extremely concerned that these fee hikes would undermine US economic competitiveness, growth and job creation, while undercutting critical trade relationships with countries that have an interest in liberalised movement of skilled personnel.”

The US Chamber of Commerce represents the interests of more than three million businesses and organisations.

The letter written by Bruce Josten, executive vice president, government affairs, of the Chamber of Commerce, said the Senate amendment would impose fee increases on a segment of the global information services industry that utilise temporary non-immigrant visas to bring in skilled professionals with specialised knowledge to serve US-based customers.

“The value and expertise US companies receive from global services firms have made them more globally competitive, increased US exports, and fuelled innovation, growth and job creation in the US,” he said. Meanwhile, the US-India Business Council (USIBC) called upon Congress and the Administration to oppose funding methods. “It is unfortunate that the Congress passed a bill that not only links India to border security with Mexico, but also does not take into account the terrible economic impact this will have for the United States,” noted USIBC President Ron Somers.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- SAIL to add 5 mn tonne capacity in FY13
- NHPC FY12 net up 28% at Rs 2,772 cr
- Aarti Industries Q4 up nearly 27% at Rs 28.24 crore
- BPCL posts four-fold jump in Q4 net at Rs 3,963 cr
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- RBI cracks down on exporters, banks Rs sees sharp rebound
- Petrol price rise offers FDI hope to retail chains
- No oil price review before June 1, two states cut tax
- Bharti Airtel acquires 49% in Qualcomm India for Rs 907 cr
- US sets more duties on India steel pipe
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us