Companies likely to share the H1B visa incremental cost with clients at a 30-70 per cent pass-through: 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…