India, Sept. 20 -- In a major proclamation signed by United States President Donald Trump on Friday (local time), the companies who hire foreign employees on H-1B visa will now have to pay the government a whopping $100,000, starting September 21.

Trump claimed that H1-B program was being "systematically abused" and called such alleged abuse a "national security threat".

The H-1B is a non-immigrant visa that allows employers in the United States to hire foreign workers in specialty occupations - roles that require highly specialised knowledge and at least a bachelor's degree. It is widely used in industries such as information technology, finance, and engineering. Both the applicant and the position must meet specific eligibility requir...