TCS

US President Donald Trump signed a proclamation that will raise the fee for H1-B visas to a whopping $100,000 annually, marking the latest move in his administration’s push to crack down on immigration. With 13,396 H-1B visas sponsored in total by Indian companies, the new order would increase the H-1B visa fees from about $13.4 million to $1.34 billion, or about 10% of the combined net profits