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WSJ's article on H1 Bill


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Posted

this guy also proposed a bill in the last congress. if the current one is same as the last one, it will be of no use. mana mestri galu bonus ani year end lo chestaru some loop hole

" “(i) the term ‘exempt H–1B nonimmigrant’ means an H–1B nonimmigrant who receives wages (including cash bonuses) at an annual rate equal to at least the greater of $100,000 or the applicable adjusted amount under clause (iii) "

https://www.congress.gov/bill/114th-congress/house-bill/5801/text

Posted
1 minute ago, Original Profile said:

Ippudu Mari FT lo below 100k valla situation enti

i read some where will be clause where the 100k will apply to only companies with 50 or more employees out of which 15% or more are on h1b.

but this is all speculation and until the full text of the bill is published, we wont know

Posted
6 minutes ago, aviator said:

this guy also proposed a bill in the last congress. if the current one is same as the last one, it will be of no use. mana mestri galu bonus ani year end lo chestaru some loop hole

" “(i) the term ‘exempt H–1B nonimmigrant’ means an H–1B nonimmigrant who receives wages (including cash bonuses) at an annual rate equal to at least the greater of $100,000 or the applicable adjusted amount under clause (iii) "

https://www.congress.gov/bill/114th-congress/house-bill/5801/text

Still 100K in payroll is going to be tough no?

Posted
13 minutes ago, lepuraja said:

Exempt for Masters clearly mentioned no, y fear when masters here....

does that mean no 20k for ms kota?

Posted
6 minutes ago, Batman_fan said:

Still 100K in payroll is going to be tough no?

tough emundi ba. one of these scenarions will apply..1) margins taggutaye mestri's ki. or 2) even presh opt ki 70K min vastadi. billing bavunte 100k istadu mestri with less margin or 3) no issues at all as the employee is already making 100k+ or 4) 60K ki run chesi, Q4 lo payroll ekkuvaki run chesi consultant gallani kattamantadu taxes anni (just like they do for payroll running on bench)

so mestri's ki pedda effect vundadu. may be indian MNC's ki vuntadi when they bring more people from offshore. But vallu kuda, they can go apply for L1/L2 instead of h1.

So the bill has to cover H1 and L1 for that loophole to close

 

Posted
4 minutes ago, chinnabhai said:

does that mean no 20k for ms kota?

Man ms will have its quota, no changes to that 

Posted
12 minutes ago, lepuraja said:

Man ms will have its quota, no changes to that 

Hammayya

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