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Infosys and others face increased tax demands in India, report says

Infosys and others face increased tax demands in India, report says

August 2, 2024
Tax law

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Tax authorities in India may issue notices to more of the country’s IT services firms after Infosys was given a US$3.8 billion tax demand, Reuters reported. The government accused the company of evading taxes, but Infosys said in a statement to Reuters that the relevant taxes had been paid and that it was in compliance with central and state regulations.