Monday 16 November 2015
Bill to Restrict Use of H-1B Visas Introduced in US Senate
133,000 Indian students contribute $3.6 bn to US economy
Monday 27 August 2012
FEWER L1 VISAS BEING APPROVED
Wednesday 2 March 2011
H-1B Visa Petition Process To Get Cheaper
An electronic registration system for H-1B work visa, the most sought after by India's IT professionals, could save American businesses more than $23 million over the next 10 years, a top US immigration agency has said.
To be published on Thursday, the US Citizenship and Immigration Services (USCIS) proposes to establish an advance registration process for US employers seeking to file H-1B petitions for foreign workers in specialty occupations.
The proposed electronic system would minimise administrative burdens and expenses related to the H-1B petition process including reducing the need for employers to submit petitions for which visas would not be available under the statutory visa cap, USCIS said.
"The proposed rule would create a more efficient and cost-effective process for businesses interested in bringing workers in specialty occupations to the United States," said USCIS Director Alejandro Mayorkas.
Improving the H-1B petition process is part of USCIS's ongoing efforts to leverage new ideas and innovation to streamline our operations and enhance customer service, he said.
Under the proposed rule, employers seeking to petition for H-1B workers subject to the statutory cap would register electronically with USCIS, a process that would take an estimated 30 minutes to complete.
Before the petition filing period begins, USCIS would select the number of registrations predicted to exhaust all available visas. Employers would then file petitions only for the selected registrations.
"The registration system would save employers the effort and expense of filing H-1B petitions, as well as Labor Condition Applications, for workers who would be unable to obtain visas under the statutory cap," the press release said.
The US had recently hiked visa fees in certain categories of H1B and L1, mainly used by Indian software professionals, to fund security measures along the US-Mexico border.(PTI)
Wednesday 10 November 2010
Hyderabad To Newyork In 2 Hours Flight
Research is on in NASA to come up with a hypersonic plane that can travel 5 times faster than the speed of sound. Reports say that about three years will be spent in research and the technology will be scram jet powered. Usually, the speed of sound is 1035 km/hr so with the new hypersonic jet, one can travel from Mumbai to Delhi in just 14 minutes.
On an international level, the journey from Sydney to New York will be 1.5 hours. Sources reveal that about 24 crores is spent per year on the research and for now, they are facing hiccups in the engine design and fuel. The length of the jet is likely to be 12 feet in length, 5feet in width and weight is approximately 1300 kgs.
An aircraft will go upto 40000 feet and from there, the hypersonic jet would be dropped and then it flies. For starters, the first phase will have unmanned jets and after the desired results, passenger flying will take place. It is heard that the hypersonic jet is being prepared with warplane technology. However, inside members say that the main objective of NASA is to use this jet to visit the Mars planet and examine the possibility of existence of life there. Get ready for the new age aircraft folks.
Monday 1 November 2010
Wednesday 29 September 2010
Anti-outsourcing bill blocked in US senate
Wed, Sep 29 07:49 AM
Lalit K Jha Washington, Sep 29 (PTI) Senate Republicans successfully blocked the passage of an anti-offshoring bill that would have denied tax breaks to US companies which move jobs overseas. Republicans in a 53-45 vote prevented the bill from overcoming a filibuster.
At least 60 votes were needed to overcome the Opposition''s obstruction. As per the bill, there will be a ban on government contractors from using American taxpayers'' money to move jobs offshore.
What is seen as an electoral populist move, the Creating American Jobs and End Offshoring Act aims at small manufacturers and included a payroll tax exemption for firms that move jobs to US, but the bill also contains provisions to prevent businesses from deferring US taxes on the income they make from foreign subsidiaries. Indian IT honchos had said the bill won''t make much of an impact on India.
However, they warned that US companies operating in other countries may be beaten by the same stick. Several business groups such as the National Association of Manufacturers (NAM) were strongly opposed to the legislation.
It had sent a letter to senators arguing the measure would make US corporations less competitive and hurt job creation. Terming the bill as an election gimmick, Republican senator Orrin Hatch slammed the Democrats for their "height of irresponsibility" that would put the US economy at "greater risk.
" "Desperate times call for desperate measures and the majority is showing how desperate they are with a bill that increases the tax burden on job creators and ship much-needed US jobs overseas." Hatch feared that "raising taxes on companies'' overseas profits will just incentivize them to move their domestic facilities to another country.
That is not the prescription that will cure our ailing economy." More PTI LKJ.