The proposed comprehensive immigration bill if passed by the Congress and signed into law by the US President would bar companies from hiring people on H-1B visa if 50 per cent of their employees are not Americans.
The current H-1B minimum wage of USD 60,000 was established in 1989 and since then has remained unchanged.
Officials said the Citizenship and Immigration Services would not issue daily update on number of applications received, but will make an announcement when the cap is reached.
The United States on Monday said India 'missed' a major opportunity to get a liberalised regime for the much sought-after H1B visas by not agreeing to Doha deal in Geneva this July.
Hike in H1-B visas indicates that the company is winning new deals, for which projects initially need employees onsite.
Export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals, according to some analysts.
High-tech industry bodies have welcomed the move to drop a hefty $3500 fee increase in the H1B visa programme, which would also benefit Indian professionals seeking jobs in the US. Hailing the move, they said the US must retain top talent from around the world to retain America's economic leadership.
Now, these spouses can be employed in the United States while on an H-4 visa. In many cases, these spouses will now begin working or starting their own companies
Information technology professionals, one of main reasons for introduction of the H-1B visa by the US, are gradually losing out their share of the temporary visa programme to teachers and doctors, a study reveals.
The US would start accepting petitions from Thursday for the H-1B visa applications, the most sought after work visa by Indian IT professionals, for the fiscal 2011 without any cutoff date as in the past.
The United States Citizenship and Immigration Services has announced that it has reached the cap on Congressionally mandated 65,000 H-1B work visas, the most sought after by Indian professionals.
Taking up the case of Indian IT companies and professionals, Jaitley told Ross about the contribution of highly-skilled Indians in the economic development of the United States and India and stressed that they should continue to do so, which is in the best interest of the two countries, officials said.
Obama had bypassed Congress to announce most sweeping immigration reform
In less than a week of Donald Trump being sworn in as the 45th US President, the "H-1B and L-1 Visa Reform Act" was introduced to prioritise American workers and restore fairness in visa programmes for skilled workers.
'Brazil, China, Colombia and India each had more than 2,000 of their citizens overstaying student/exchange visas, with India having the highest number (7,000).'
Extensions of H-1B visas have become even tougher, in particular if the employee has been on a bench for any part of their previous duration.
This provides for H-1B extensions beyond the 6-year limit.
Economic experts fear massive layoffs in various sectors of the American economy due to the current economic distress that is only going to deteriorate in the coming months. A record 3.3 million Americans have filed initial jobless claims for the week ending March 21. Even as the peak of coronavirus in the US is two weeks away, millions of people in the country have lost their jobs.
As in the previous years, the US Citizenship and Immigration Services can issue a maximum of 65,000 H-1B visas, which is most popular among IT professionals and companies in IT services.
External Affairs Minister Sushma Swaraj told the Rajya Sabha that this is an issue of concern not just for the government and the Opposition, but the entire House and the nation shares this concern
In a statement, US Customs and Immigration Services announced that it has received a sufficient number of H-1B petitions to reach the statutory cap for fiscal year 2011.
IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing. The company had logged a profit of Rs 6,106 crore in the corresponding period of the previous fiscal.
Of the 65,000 H-1B visas issued by the US annually, 11,000 were lying vacant at the end of 2010.
US to fix the immigration system that keeps American firms from hiring the top world talent they need.
Until May 14, the USCIS had received 19,000 petitions in the general category and 8,100 in the advanced degree category.
The new rule stipulates that those who arrive on a work visa should work under the petitioner and not at a client's site.
Indian tech professionals are one of the major beneficiaries of H-1B visas.
US Senators introduce legislation to cut H1B visas by 15,000.
Amid hints that the government might be exploring capping royalty payments by India-based subsidiaries to US companies, experts warn Subhayan Chakraborty why such a move will only hurt the Indian economy.
Congress should pass laws that create US jobs, not destroy them," said Marc Apter, president of the Institute of Electrical and Electronics Engineers-USA.
Massive restrictions on legal immigration - including restricting immigrants who contribute to medicine, science, and research in the United States, and who are working to develop treatments for coronavirus and other deadly diseases - will not only hinder efforts to save lives, but prevent job creation and hurt American economy as the country struggles to recover.
The US Citizenship and Immigration Services on Tuesday said that the lottery was done on April 7.
As predicted the US Citizenship and Immigration Services received a sufficient number of H-1B petitions to reach the statutory cap for fiscal year-2014 before the end of the fifth day of starting the filing.
Two influential US Senators have renewed the campaign against the biggest users of H-1B visa workers in the US, including Indian heavyweights Infosys, Wipro, Satyam and Tata Consultancy Services. They fired off a missive to these companies asking how they employed professional and skilled workers, majority of whom hail from India.
Beth Payne, consul general, consulate general of the United States of America said, "Although we cannot predict the number, there has always been a cap on the H1B visas. The number of petitions filed every year are always more than number of H1B visas we can issue because of which we had to introduce the lottery system. I don't see any major impact on India because of the restriction."
As the United States is having a tough time in filling up its annual quota of 65,000 H-1B work visas for highly skilled categories, an official report in Washington has said that the Indian nationals accounted for the 38 per cent of the total H-1B visas issued by the United States last year.
USCIS received over 2,36,000 H-1B petitions during the filing period, which began April 1, including petitions filed for the advanced degree exemption.