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Reuters / Updated: Jul 31, 2024, 20:13 IST
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INFOSYS-TAX/ (URGENT, PIX)India’s Infosys gets 324 billion rupees tax demand
BENGALURU: India’s second-largest
IT services
company
Infosys
has received a goods and services tax demand of 324.03
billion
rupees ($3.87 billion) from an Indian tax authority, a document viewed by Reuters showed.
The tax demand relates to services availed by the IT services conglomerate from its
overseas
branches for five years starting 2017.
Infosys did not immediately respond to a Reuters request for comment.
($1 = 83.6380 Indian rupees)
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