Wishesh_magazine_may_2016

The computerised draw of
lots would determine the
successful applicants for
the 65,000 Congressional
mandated H-1B visas and
another 20,000 for the foreign
students who have completed
their higher studies from a US
academic institute in subjects
of science, technology,
engineering and mathematics
(STEM), the statement said.
The USCIS will reject and
return all unselected petitions
along with their filing fees,
unless the petition is found to
be a duplicate filing, it said.
As announced on March
16 this year, the USCIS will
begin premium processing for
H-1B cap cases no later than
May 16.
A senior Nasscom executive
said that “the details would
take some time to emerge but
Indian companies such as
TCS, Infosys and Wipro are
expected to get a lion’s share
of the visas. Canada and the
Phillipines are the closest
competitors.”
Nasscom, estimates local IT
firms would incur an extra
$400 million a year in costs
due to the spike in visa fees.
H1-B visa, popular among
Indian techies, is used by
American companies to
employ foreign workers in
occupations that require
highly specialised knowledge
in fields such as science,
engineering and computer
programming.
the details
would take
some time
to emerge
but Indian
companies such
as TCS, Infosys
and Wipro are
expected to
get a lion’s
share of the
visas. Canada
and the
Phillipines are
the closest
competitors.
MAY 2016 | WWW.WISHESH.COM