Infosys Faces Allegations of Rs 32,000 Crore GST Evasion

- Infosys has been temporarily relieved of the Rs 32,403 crore GST demand as Karnataka state tax authorities withdraw the notice. - The company has been directed to respond to the central GST intelligence agency instead. - Infosys informed stock exchanges about the withdrawal and the directive to submit further response to the Directorate General of GST Intelligence (DGGI). - The controversy began on July 31 when Infosys was accused of evading GST on services from its overseas branches between 2017 and 2022, which the company denied. - NASSCOM supported Infosys, raising concerns about the impact on business sentiment and emphasizing the need for clarity in tax regulations to avoid such disputes. Source: Times Of India

https://timesofindia.indiatimes.com/business/india-business/imports-stuck-at-ports-due-to-payment-glitches/articleshow/99226028.cms Is this Infosys ? Which IT Company ?

Hope the news is not just a facade

It took 3 months for Infosys to hire me. I could imagine in the process on how people are so lenient. The most suprising part: HR didn’t bother to send Congratulation email on clearing the interview rounds and there was no audit trail that whether I am giving any interviews or not. I hope many people would agree from Infosys.

- Tax authorities have issued GST notices to CCAvenue and BillDesk for low-value digital transactions. - The notices demand GST on fees charged to merchants for transactions below INR 2,000 since FY18. - The GST Council may discuss an 18% GST levy on such transactions next week. - Payment aggregators like Pine Labs, Razorpay, and PayU could face financial burdens due to this move. - The fintech sector might pass on these costs to merchants or end-users, affecting the ecosystem. Source: [Inc42](https://inc42.com/buzz/ccavenue-billdesk-get-gst-notices-for-digital-transactions-below-inr-2000/)

Online gaming startups are among those rare breeds which were profitable . With this move, even they will be forced to do layoffs..

Hi, I work with clients outside India as an independent contractor. The law says that I should have GST registration in India. How can I set up a GST account easily? How can I manage the paperwork? Is there a software or service that does it without much headaches? How much does it cost?

Hi everyone, what is the notice period during probation in Infosys. And do we need to pay certain amount to get released?? Please help me

I'm a software dev contractor and I'm working for 2 companies, having a total income of 50L per annum. when I consulted a CA, he mentioned that I'll have to pay 18% GST (since business income is over 20L) and will also have to pay 30% income tax. i understand taxes are important and all, but I'm so not willing to give 6 months of my hard work to the government. can anyone please advise me on what to do to save on taxes

Folks at Dream 11, Games24×7, Junglee, etc how's the environment in the office? Have there been any updates from the leadership regarding the direction they'd be taking? As of now, here at Gameskraft it's an elephant in the room with everybody in denial, talking about how we can still survive and no updates from leadership yet.