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US tells India it is mulling caps on H1Bs to deter data rules

reuters.com

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Re: US tells India it is mulling caps on H1Bs to deter data rules

#31

Post by ETHisso2017 »

nilsocket wrote: post #29

Reason for storing financial data within the country is, because in India corruption rate is high and no.of tax paying citizens are very less. Indeed it is important for us to store financial data within the country to stop non tax abiding citizens. Money laundering is also a huge problem. Citizens were being educated, not to take cash in large amounts, for the same reason. Even after demonetization, government was n…

Exactly. The US seems to be opposed to India having more control over its own financial system.

Re: US tells India it is mulling caps on H1Bs to deter data rules

#33

Post by BeetleB »

darklajid wrote: post #14
NTDF9 wrote: post #12

Earlier quoted context omitted.

Yes and no. Yes, because it directly affects the business of large outsourcing companies. It also drops remittances, one of the largest sources of dollars for India. No, because for many decades, India has been trying to keep their smartest citizens to build their own country. Making local companies, serving at local hospitals, teaching at local schools and universities. They want their own Google, Microsoft, Sun Mic…

Help me understand the first part. Why do you need a US visa (well, THAT visa - I understand a 'fly over for a meeting' visiting visa) as an outsourcing company? What I mean is: How are the outsourcing companies affected by this?

Isn't this what the L1 visa is for? I don't see anyone discussing that in this thread.

https://en.wikipedia.org/wiki/L-1_visa

>L-1 visas are available to employees of an international company with offices in both the United States and abroad. The visa allows such foreign workers to relocate to the corporation's US office after having worked abroad for the company for at least one continuous year within the previous three prior to admission in the US. The US and non-US employers must be related in one of four ways: parent and subsidiary; branch and headquarters; sister companies owned by a mutual parent; or "affiliates" owned by the same or people in approximately the same percentages.[2]

Although when I look at the top companies utilizing them, you see it is Tata.

Still, it's separate from the H1 and not subject to the H1 cap.

Re: US tells India it is mulling caps on H1Bs to deter data rules

#36

Post by a-ve »

ETHisso2017 wrote: post #32
paxys wrote: post #10

As an Indian - good! This will help the local IT industry tremendously.

I wonder, how much do Indians prefer emigration vs remote work? Assuming pay is equal

Considering IT hubs like Bangalore[1] and Chennai[2] are running out of water, most prefer emigration.

[1]https://www.news18.com/news/india/on-verge-of-acute-water-cr... [2]https://www.livemint.com/industry/infotech/work-from-home-re...

Re: US tells India it is mulling caps on H1Bs to deter data rules

#38

Post by csdreamer7 »

nilsocket wrote: post #29

Reason for storing financial data within the country is, because in India corruption rate is high and no.of tax paying citizens are very less. Indeed it is important for us to store financial data within the country to stop non tax abiding citizens. Money laundering is also a huge problem. Citizens were being educated, not to take cash in large amounts, for the same reason. Even after demonetization, government was n…

How would requiring information be stored in the country prevent corruption?

Countries can already demand any business records of their citizens from a business as a condition of doing business in that country or citizens.

The US requires that any fin business that does business with US Citizens report to the United States government or be cut off from the US financial system. A lot of international banks responded by closing the accounts of Americans rather than deal with the costs of compliance.

Re: US tells India it is mulling caps on H1Bs to deter data rules

#39

Post by jimmaswell »

bigbigs wrote: post #25

lol. If you don't change your data rules, we'll shoot ourselves in the foot by removing the cheap labor that we've become addicted to.

It would be a good thing in the long term. Too many programming jobs are taken up by things like this, especially jobs for fresh college grads. I wouldn't mind harsh limitations on all software offshoring/worker importing in general.

Re: US tells India it is mulling caps on H1Bs to deter data rules

#40

Post by kamaal »

a-ve wrote: post #36
ETHisso2017 wrote: post #32

Earlier quoted context omitted.

I wonder, how much do Indians prefer emigration vs remote work? Assuming pay is equal

Considering IT hubs like Bangalore[1] and Chennai[2] are running out of water, most prefer emigration. [1] https://www.news18.com/news/india/on-verge-of-acute-water-cr... [2] https://www.livemint.com/industry/infotech/work-from-home-re...

They are not going to run out of water. I was born and raised in Bangalore, Have been in places around Bangalore all life. And water struggles have been forever.

Bangalore has water infrastructure problems, not water shortages. We will fix them in time, like we always have.

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