H-1B holders to bear 30-70% burden of $100,000 visa fee: Crisil

The US decision to impose a USD 100,000 fee on new H1-B visas for foreign workers will snip just 10-20 basis points from the operating margins of Indian information technology (IT) services companies next fiscal, with the pass-through estimated at 30-70 per cent, as per a Crisil Intelligence press release.

These companies, which had operating margins of ~22 per cent last fiscal year, are likely to share the incremental cost with their clients.