Trump's revised H-1B visa fees amount to 10% of five Indian IT firms

Bengaluru: US President Donald Trump signed an executive order on Friday that requires companies to pay $ 100,000 annually, for each foreign worker brought under the H-1B visa, from about $ 1,000 currently-an increase of 9,900%, it could increase visa fees to about 10% of the profit of the five largest recipients of the H-1B services. Tata Consultancy Services Ltd sponsored 5.364 H-1B visas in 2025, while Cognizant Technology Solutions Corp. 2,493 and Infosys 2 004 sponsored, according to the US Citizenship and Immigration Services data. Lti Mindtree Ltd. sponsored 1.807 such visas and HCL technology, 1.728. With 13,396 H-1B visas sponsored by Indian businesses, the new order will increase the visa fees from about $ 13.4 million to $ 1.34 billion. Currently, a non-American worker pays $ 215 on an H-1B visa and his employer contributes an extra $ 780 for the Visa application. TCS ended FY25 with a profit of $ 5.74 billion, while Cognizant’s net revenue of Cognizant amounted to $ 3.16 billion and $ 2.24 billion. Cognizant follows a financial year in January-December. LTI Mindtree and HCL Technologies net income amounts to $ 520 million and $ 2.04 billion. The revised H-1B visa fee would amount to about 10% of these five businesses’ profits of $ 13.7 billion. “The H-1B is definitely completed if these fees are realized,” said Siddharth Pai, co-founder of Siana Capital, a manager of the Dare Fund in Bengaluru. “All companies using this Visa class will have to adapt about it, including changing business models to the extent needed. So yes, all industries that use this visa class will change.” ‘Ne -mail sent to the companies that commented remained unanswered. ‘Less dependent than before’ ‘The dependence on the Indian IT services of H-1B visas has dropped significantly over the years. In fact, US firms are now the biggest sponsor of H-1B, ‘says Abhishek Kumar, IT research analyst, JM Financial Institutional Securities Ltd.-American companies, including Amazon, Microsoft, Meta, Apple and Google were the biggest recipes of H-1B in 2025. Give. Trump rejected a question on Friday whether managers of the technology company would be concerned about the action. “I think they’re going to be very happy. Everyone’s going to be happy. And we’ll be able to keep people in our country who are going to be many productive people,” Trump said. “And in many cases, these businesses will pay a lot of money for it, and they are very happy about it.” For the time being, it is unclear whether companies that sponsor H-1B visas will remember their workers and how they will continue to work under the revised rates. That said, in medium to long term, firms may find ways to better navigate the landscape by hiring even more local workers or working out or contracting more work. “The H-1B-not-immigrant visa program was created to bring temporary workers to the United States to perform additional, high skilled functions, but it was deliberately utilized to replace US workers with lower paid, lower skilled labor,” says the Trump signed.