H-1B Visa Fee Shock: Nasscom see 'marginal impact', says Indian businesses to promote local rental in the US
Donald Trump’s $ 1,00,000 rise on H-1B Visa has sent shockwaves through the global talent industry, bringing thousands of skilled foreign workers to the US each year. India has the biggest impact, as it was the largest beneficiary of the program last year, and it accounts for 71% of approved visas in 2024. Although the US made it clear that the hike would not affect current visa holders and that it would only apply for fresh petitions, the confusion and ambiguity around the fee. To compensate the impact of this change, Indian and India-centric companies employed in the US decided to significantly reduce their dependencies of H-1B visas by increasing the local appointment, Nasscom said on Monday, adding that “we” only expect it a marginal impact for the sector “. improved, “the Apex industry told PTI. The shift in renting Nasscom confirmed that Indian and India-centric companies working in the US were already before these curve. Over the years, they have significantly reduced their dependence on H-1B visas. Very increased, reports PTI. And India-centric companies are less than 1% of their entire employee base. H-1B visa fee varies from about $ 2,000 to $ 5,000, which depends on the size of the employer. Stay, Pti reports. not to leave the US, not even after going on their flight to Navratri festivities, Pti reports. By Microsoft Corp (5189), Meta (5123), Apple (4202), Google (4181), Cognizant (2493), JP Morgan Chase (2440), Walmart (2390) and Delo battle (2353). (1728).