India Warns U.S. Visa Fee Hike Could Hurt Services Exports

Indian government flags visa fee hike’s threat to services exports and remittances.

Live Market Updates

Latest Financial News

neutral
78 days ago

India Warns U.S. Visa Fee Hike Could Hurt Services Exports

India has cautioned that the one-time $100,000 fee on new U.S. H-1B visas risks disrupting its services exports and remittance flows. While the near-term effect is expected to be modest, longer persistence in policy could force reorientation in sectors reliant on cross-border talent deployment. The finance ministry signaled close monitoring of fallout, especially for the IT and consulting industries that heavily use the H-1B scheme.
Tags:
  • India
  • services exports