Originally posted by Smriti Katyal:
I am sorry. I made a mistake. That allowance was for people in Business visa. I am not aware of my compensation yet. How much should i expect?
Don't make any decision till your compensation package is determined and your are given the details.
Will you get an allowance/a stipend here in US while getting a base salary in India? If that is the case then you may get a raw deal if the compensation package is very similar to the B1 visa holders since (as far as I know) H1 visa holders in US pay taxes but B1 holders don't. B1 visas are not given to software stints in US. B1, as the name suggests, is for purely business visits (a conference, a meeting with a client/company, a trade show etc.).
Will your company provide you with medical insurance? How much of the insurance premium will you have to pay? How good a coverage will you have? If it is the bare minimum coverage and you are in need of some serious medical services, then you will be in the deep hole, financially speaking.
Make sure that they don't pull a bait-&-switch on you by offering you $X per hour for one city & then actually send you to a different (that may have a more expensive cost of living) city for same $X per day.