Microsoft proposes whopping $10,000 fee for H-1B visas: Indian IT firms to get hit hard
By Times of India Washington, Oct 01, 2012 – In a proposal that will hit Indian information technologies companies the most, US software giant Microsoft Corporation has suggested a whopping fee of $10,000 (over Rs 5 lakh) for a new category of H-1B visas and $15,000 (more than Rs 7.5 lakh) for permanent residency or Green Card. This could raise a huge $5 billion over a decade, it said. Both the new categories of H-1B and Green Cards, according to the Microsoft plan, would have an annual capacity of 20,000 and would be restricted to STEM (science, technology, engineering...
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