India's tough stand on H1-B visa may remain on paper

A panel involving the DIPP and finance ministry is currently in place to look at the issue

Subhayan Chakraborty  |  New Delhi 

Commerce and Industry Minister Nirmala Sitharaman could find it difficult to maintain her tough stance on US government’s curbs on H1-B visas, experts said.  On Thursday, the minister said the US government should realise subsidiaries of US companies based in India also send their earnings to the US, which experts said meant that the government might be exploring capping royalty payments by India-based subsidiaries to US companies. Such a move ran the risk of harming investor confidence in the country, experts said. Royalty is paid to a foreign collaborator for ...

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India's tough stand on H1-B visa may remain on paper

A panel involving the DIPP and finance ministry is currently in place to look at the issue

A panel involving the DIPP and finance ministry is currently in place to look at the issue Commerce and Industry Minister Nirmala Sitharaman could find it difficult to maintain her tough stance on US government’s curbs on H1-B visas, experts said.  On Thursday, the minister said the US government should realise subsidiaries of US companies based in India also send their earnings to the US, which experts said meant that the government might be exploring capping royalty payments by India-based subsidiaries to US companies. Such a move ran the risk of harming investor confidence in the country, experts said. Royalty is paid to a foreign collaborator for ... image
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