The move aims to protect American workers from unfair wage competition, the note said
Trump's $100,000 H-1B visa fee can push Wall Street banks to hire more Indian engineers and rely heavily on GCCs in India, according to a report by Bloomberg
Trump's order raises the H-1B visa fee to $100,000. These FAQs explain who pays, when it applies, and its impact
Former US Ambassador to New Delhi Tim Roemer's remarks came days after Trump's overhaul of the H-1B visa programme to widen his administration's crackdown on immigrants
Indian IT stocks suffered their steepest fall in nearly six months as the US imposed a $100,000 H-1B visa fee, with Nifty IT down 2.95 per cent and Rs 85,496 crore in value erased
The companies had discussions with the government after the US administration announced a sharp hike in H-1B visa fees to a staggering $100,000
If H-1B visas become harder to secure, the OPT period risks being viewed as a temporary stopgap rather than a pathway to stable employment
IT stocks tumbled after the US raised H-1B visa fees, erasing Rs 85,000 crore in market value and dragging Sensex and Nifty lower, though analysts remain optimistic
The UK government is looking at bolstering a drive to attract global talent with a possible visa fee waiver to support the world's top science and tech talent relocation to the country, a media report said on Monday. The Global Talent Taskforce, backed up by a 54-million-pound Global Talent Fund launched earlier this year, is revving up further to lure international experts, including Indians, even as the US announced a clampdown on its H-1B visas used by global techies, according to a Financial Times' report. The taskforce, which reports directly to Prime Minister Keir Starmer and Chancellor Rachel Reeves, works across 10 Downing Street and the UK Treasury to explore ways to boost the UK's economic growth. "We're kicking around the idea of cutting (visa) costs to zero, the newspaper quoted a government official as saying. "We're talking about the sort of people who have attended the world's top five universities or have won prestigious prizes, the official said. It comes as Presi
Nasscom says $100,000 H-1B visa fee from 2026 will have a limited effect as Indian IT firms invest $1 bn in US upskilling and local hiring, reducing dependence on visas
The potential dent in remittances could put further pressure on the rupee, which has already been among Asia's worst performers
Nasscom further said that with the fee being applicable from 2026 onward, companies have time to further expand skilling programs in the US and enhance local hiring
Indians account for more than 70 per cent of all H-1B visas. A steep $100,000 entry fee, paid by employers, for every worker entering the US under the programme will effectively gut it
All new H-1B visa petitions submitted after September 21, including those for the FY2026 lottery, will require payment of the USD 100,000 fee, as announced by President Donald Trump in a recent proclamation, the US government has said. The US Citizenship and Immigration Services (USCIS) in a 'H-1B FAQ' document, released on Sunday, said that the September 19 proclamation took an important, initial, and incremental step to reform the H-1B visa programme to curb abuses and protect American workers. The proclamation "requires a $100,000 payment to accompany any new H-1B visa petitions submitted after 12:01 am eastern daylight time on September 21, 2025," the FAQ document said. This includes applications for the 2026 lottery and any other new H-1B filings beyond that date, it added. USCIS had earlier said in a statement on Saturday that the fee would apply only to new, prospective petitions that had not yet been filed, but had not specified the exact date and time when the rule would t
India's $283 billion IT sector, which generates about 57 per cent of its total revenue from the US, has long gained from American work visa programmes and outsourcing of software and business services
Trump's H-1B visa announcement jolted firms that have long relied on it to bring in global talent, especially in California's tech-heavy economy that relies on trained programmers, analysts, engineers
The Indian IT industry breathed a lot easier on Sunday after the US government clarified that the H-1B visa application fee hike applies only to new applicants and does not affect the existing visa holders or renewals. While some industry experts noted that they foresee no immediate adverse impact over the next 6-12 months as the hike takes effect only in the upcoming application cycle, others cautioned that the delay notwithstanding, there will be a deferred impact requiring eventual reassessment of business strategies by the IT companies, if the rule stays. "For the next six months to one year, there'll be no impact because for last year, they (companies) already filed H-1B petitions and the lottery system will operate. "It's only for a petition filed for now... If you file a new petition, it takes six months to one year for it to come up," former Infosys CFO and industry veteran Mohandas Pai said. He added: "So, there's no worry for the next six months to one year, and after tha
The decision also shows that Mr Trump is becoming more radical with his time in office, not less
Experts say the US visa fee hike will push firms to expand global capability centres in India, but warn GCCs must move beyond delivery roles to create greater value
Indian IT companies, heavy users of H-1B and L-1 visas, face fresh scrutiny as US policy tightens, raising questions on talent mobility and onsite project costs