Infosys has been alleged for short payment for two quarters and it is now in the process of determining further steps after checking the veracity of the claim.
US Authority Fines Infosys $225 For Violating Short Payment Of Tax menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Infosys said in a stock exchange filing, “On January 25, the Nevada Department of Taxation sent a communication for the collection of penalty. The violations and contraventions committed or alleged to be committed is short payment of modified business tax for Quarter 4, 2021 to Quarter 1 of 2022.” Infosys Charged 'USD 225' Penalty by Nevada Department of Taxation for Violating Short Payment of Modified Business Tax.