US Election Result Live Updates
Swing state results deciding who'll be new POTUS
Trump vs Harris: Who’s winning which state? Full list
«Previous anti-immigration efforts of the Republican regime, such as introducing policies that increased prevailing wages for H1B workers, were overturned after they met with legal backlash,» said Poorvi Chothani, founder and managing partner of LawQuest, an immigration law firm based in Florida. «We should not only brace ourselves to see more of this, but be prepared for changes to the Immigration and Nationality Act, which will be feasible now that the Republicans virtually control Congress. In the meantime, it is likely to become more expensive and difficult to employ foreign workers under the H-1B program or otherwise.»
The Trump 2.0 administration may relook at the annual allotment of H-1B work visas from the current quota of 85,000. H1B applications would attract tougher examination as denial rates for H-1B under Trump 1.0 administration were at an all-time high of 24%. The duration and eligibility for Optional Practical Training (OPT) for international students may also come under fresh scrutiny.
Though a tougher anti-immigration sentiment may be cause for concern, India's IT companies have gradually reduced their dependency on H-1B approvals as they look towards expanding employee base onshore.
Finance
Financial Literacy for Non-Finance Executives
By — CA Raja, Chartered Accountant | Financial Management Educator | Former AVP — Credit, SBI
Marketing
Modern