Jaitley, who is in the US on a week-long tour, highlighted the contributions skilled Indian professionals have made to the US economy.
Since the revenue model of a majority of big Indian IT companies is heavily dependent on H-1B and L1 visas, such a bill is likely to have a major impact on their businesses.
L-1B is a non-immigrant visa that allows companies to send employees who have worked abroad for at least a year.
US Congressman Steven Rothman says the visa fee hike was intended to impact Indian companies.
India, which sends the highest number of students to the US, stands to benefit most from if the proposal becomes la
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