Imposing a new $100,000 annual fee on H-1B visa applications could disrupt the global operations of Indian technology services companies that deploy skilled professionals to the United States, India’s IT industry body Nasscom said on Saturday.
The White House announced the new fee on Friday, prompting some major US tech firms to advise visa holders to either remain in the country or return there quickly. The new fee marks Washington’s most high-profile attempt to overhaul the country's temporary employment visa system.
Nasscom, representing India’s $283 billion IT and business process outsourcing industry, said the abrupt rollout of the policy would impact Indian nationals and disrupt continuity of ongoing onshore projects for the country’s technology services firms.
The industry body s