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India 2nd Largest $94 Billion IT Giant Infosys Received $3.8 Billion Tax Payment Demand from India Tax Authority for Evading Taxes, Other IT Companies Likely to Receive Tax Payment Demand Notices Soon
3rd August 2024 | Hong Kong
India 2nd largest IT giant Infosys has received a $3.8 billion tax payment demand from India tax authority for evading taxes, with other IT companies likely to receive tax payment demand notices soon. Infosys is the 2nd largest IT services company in India, and has a current market value of $94 billion. Infosys – Established in 1981, Infosys is a NYSE listed global consulting and IT services company with more than 315k employees. From a capital of US$250, we have grown to become a US$ 18.7 billion (LTM Q1 FY25 revenues) company with a market capitalization of US$ 77.31 billion. In our journey of over 40 years, we have catalyzed some of the major changes that have led to India’s emergence as the global destination for software services talent. We pioneered the Global Delivery Model and became the first IT Company from India to be listed on NASDAQ. Our employee stock options program created some of India’s first salaried millionaires.
“ India 2nd Largest $94 Billion IT Giant Infosys Received $3.8 Billion Tax Payment Demand from India Tax Authority for Evading Taxes, Other IT Companies Likely to Receive Tax Payment Demand Notices Soon “
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Infosys – Established in 1981, Infosys is a NYSE listed global consulting and IT services company with more than 315k employees. From a capital of US$250, we have grown to become a US$ 18.7 billion (LTM Q1 FY25 revenues) company with a market capitalization of US$ 77.31 billion. In our journey of over 40 years, we have catalyzed some of the major changes that have led to India’s emergence as the global destination for software services talent. We pioneered the Global Delivery Model and became the first IT Company from India to be listed on NASDAQ. Our employee stock options program created some of India’s first salaried millionaires.
India 2nd Largest $94 Billion IT Giant Infosys Received $3.8 Billion Tax Payment Demand from India Tax Authority for Evading Taxes, Other IT Companies Likely to Receive Tax Payment Demand Notices Soon
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