Nifty IT Dip & New H‑1B Fee Impact

  Published 9 months ago

Nifty IT index falls 2.8% as major tech firms slump amid new H‑1B fee concerns.

  • H‑1B quota stays 85,000; fee applies only to fresh applicants from FY27 onward worldwide.
  • Only 1‑3% of the Indian IT workforce uses H‑1B; the cost impact is limited initially for companies overall.
  • If firms absorb the fee, yearly cost rises $16‑33k per employee; earnings may dip slightly.

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