The new legislation intends to place a salary floor of $130,000 a year for those workers who are issued an H1B visa. ALSO READ: IT stocks plunge over H1B visa reform bill in US House of RepresentativesThe alternate tightening and loosening of restrictions on the H1B programme are not new. Visas delayed are visas denied—since the projects that these professionals were to have worked on would have had to limp on without their expertise. Estimates vary, but the consensus opinion is that Indian technology workers on H1B visas in the US currently make around $70,000 per year. The Indian majors have already signalled that they can continue operations without much of a hiccup using a combination of local hiring and more expensive H1B visa workers.

Source: Mint January 31, 2017 10:39 UTC