New US H-1B visa fee could disrupt Indian IT operations, says industry body

Core Points - The imposition of a new $100,000 annual fee on H-1B visa applications could disrupt the global operations of Indian technology services companies [1][3] - The new fee is part of a broader attempt by the U.S. government to overhaul the temporary employment visa system [2] - The abrupt implementation of this policy creates considerable uncertainty for businesses, professionals, and students globally [3] Industry Impact - Nasscom, representing India's $283 billion IT and business process outsourcing industry, highlighted that the new fee would impact Indian nationals and disrupt ongoing onshore projects [3] - The additional costs associated with the new fee will require adjustments from companies, potentially affecting their operations [3] - The policy could have ripple effects on the U.S. innovation ecosystem and global job markets [3] Company Responses - Major U.S. tech firms like Microsoft, JPMorgan, and Amazon have advised H-1B visa holders to remain in the United States following the announcement [4] - The response from these companies indicates a significant concern regarding the implications of the new fee on their workforce [4]