Former Indian Permanent Representative to the United Nations Syed Akbaruddin has criticised the US's steep H-1B visa fee hike as a "tax on trust", warning that it undermines the mutual benefits of the programme and risks eroding goodwill between India and the United States.
The latest move by US President Donald Trump to revise the H-1B visa fee to USD 100,000 has expanded protectionist barriers against India, according to a report by Systematix Research.
Executive Director of the Observer Research Foundation (ORF) America, Dhruva Jaishankar, on Tuesday (local time) said that both Indian and US-based companies have expressed concern over the availability of sufficient skilled talent for their jobs in the wake of recent hikes in H-1B visa fees
The recent H1B visa fee hike announced by the US administration will hit more to startups and innovation of the United States than India's IT services exports, said US-India Strategic Partnership Forum (USISPF) President and CEO Mukesh Aghi.
The latest move by US President Donald Trump to revise the H-1B visa fee to USD 100,000 has expanded protectionist barriers against India, according to a report by Systematix Research.
During a press briefing on Monday, China's Foreign Ministry Spokesperson Guo Jiakun emphasised the importance of cross-border talent exchange in a globalised world, highlighting China's commitment to fostering innovation and career opportunities for international professionals.
Speaking to ANI, Tharoor mentioned that the sudden hike in H-1B visa fees is about America's domestic politics and the President is trying to gain support of the anti-immigration base, as US legislative elections are set for November this year.
The IT companies are expected to find ways to soften the blow of the recent hike in H-1B visa fees announced by the U.S. administration, according to a report by Nuvama.
The reaction follows the US administration's recent increase in H-1B sponsorship fees to USD 100,000, a move that has sparked sharp responses from India and industry stakeholders.
The United States' decision to impose a steep increase in H-1B visa fees has triggered concerns across Indian industries.
But banking and market expert Ajay Bagga has a different view. Speaking with ANI, Bagga said that the USD 1,00,000 fee for the H1B visa will check the brain drain from
Mumbai (Maharashtra) [India], September 22: Inventurus Knowledge Solutions Limited (IKS), a leading care enablement platform, has issued a statement to clarify its position regarding the recently announced changes to the H-1B visa fee structure.
The new H-1B visa fee regulation in the United States, though prima facie looks negative, but it will have minimal near-term implications for Indian IT companies, while medium-term challenges could emerge in the form of higher costs and the need for greater localisation, noted a research rep