Nasscom says Indian IT firms have reduced H-1B visa reliance and expanded US hiring as Washington proposes a $103,265 fee for cap-subject applications.

The proposed fee of $103,265 fee by DHS has been posted online in the Federal Register on Monday to be formally published on Tuesday. | World News

The US has proposed an additional $103,265 fee for H-1B cap-subject applications, including petitions eligible for the master’s degree exemption.

Indian IT companies have invested $1.1 billion in the US over five years to build the local science, technology, engineering and maths (STEM) talent base, Nasscom said. The…