Thank you very much for nep-gal, for raising this issue.and also for all the pals who provided comments and suggestions.  I am also exactly in same shoe, and mine is MBA too. But the good thing of my employer is that they are not telling me to leave the consultancy. They are telling me to stay with them as long as market gets better. I ask them to run the paystub and they told me that tax will be somewhere arround 1100 to run the paystub. I don't think I can stay in status by paying 1100 every month. But my employer tell not to worry about the tax. He is telling me that I can stay without running paystub till anybody raised any questions to their company.

I am applying for Canada in this week, what I am worring is how can I stay in status for 14-15 months while waiting for result, if I don't get job till then. Can I work in cash somewhere and stay in H1 and also wait for canada's pr result?

randhir