Motilal Oswal
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Motilal Oswal
Information Technology

Nasscom: Awaiting clarity on the US move to cap H-1B visas to Indian IT workers; move will squeeze businesses, jobs

Updated : June 20, 2019 06:14 PM IST

Nasscom has said that there has been no official confirmation of the purported move US move to cap H-1B visas issued to Indian tech workers and it is waiting for clarity on the matter.
Nasscom acknowledged that the biggest beneficiary of the H-1B visas are the Indian tech workers and the US companies will suffer as a consequence of the cap, if implemented.
US President Donald Trump’s administration is mulling placing a 10-15 percent cap on H-1B visas issued to Indian tech workers, Reuters reported on Wednesday.
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