$100,000 H-1B visa fee unlikely to create a big margin dent; says Crisil

With US hiking steep $100,000 fee on new H-1B visas for foreign workers, the question is how would it impact the margins for the IT sector companies. Well, Crisil highlights that the impact won’t be much. The rating agency noted that it will trim only 10-20 basis points operating margins of Indian IT services firms by next fiscal.