Shares of Infosys, TCS, HCL Tech, Wipro, Tech Mahindra and other IT stocks will be in focus in Tuesday’s trade after the US Department of Homeland Security (DHS) proposed a $103,265 fee on H-1B cap-subject petitions.
The proposed charge would be levied in addition to existing H-1B fees and has been outlined in a notice of proposed rulemaking issued by DHS. The proposal is not final at this stage and will go through a 30-day public comment period after its publication in the Federal Register.
