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Nasscom On H-1B visa Fee Hike: Trump’s decree to increase the H1B visa fee has increased the concern of the Indian IT industry. India’s top IT industry body NASSCOM said on the decision to $ 100,000 annually to H1B visa fees that it could have a direct impact on the global operations of Indian IT services companies. Along with this, thousands of professionals working in America may face uncertainty.
Nascom alert
The top body of the IT industry also expressed concern over the time limit of 21 September to implement this increased amount. Nascom said that a day-long time-limit creates a lot of uncertainty for businesses, professionals and students around the world.
According to a statement, this move of America will affect Indian citizens who work for global and Indian companies. It further said, “We are reviewing the fine details of the order. This type of adjustment can affect America’s innovation ecosystem and comprehensive employment economy. ”
Question on the deadline of one day
NASCOM also said that India’s IT services companies would be affected, while commercial continuity will be interrupted for projects going on abroad that may require adjustment. According to NASCOM, sufficient time should be given for policy changes of this scale, which will help organizations and individuals to effectively plan and reduce disruption.
The statement said that high-skill talent is important for the American economy to speed up innovation, competitiveness and growth. This is especially important at a time when progress in artificial intelligence (AI) and other leading techniques is ready to define global competitiveness.
Also read: Trump again gave a shock! Increased H-1B visa fee, what will be affected on Indians
