Karnataka Authorities Withdraw GST Notice Sent to Infosys

- Infosys has received a pre-show cause notice for alleged GST evasion amounting to ₹32,403 crore. - The notice, issued by Karnataka GST authorities, covers the period from July 2017 to March 2022. - Infosys claims GST is not applicable to expenses incurred by its overseas branches, citing a recent circular. - The company asserts it has paid all GST dues and remains compliant with regulations. - GST Intelligence alleges Infosys owes IGST under the reverse charge mechanism for overseas branch expenses. Source: Financial Express

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

Farm land allotted at cheap rate for job creation which didn't happen. https://www.indiatoday.in/india/karnataka/story/infosys-has-taken-land-in-karnataka-but-did-not-give-a-single-job-bjp-mla-2501884-2024-02-14

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.

● "70-Hour Workweeks and Peanuts" - It's Not Just "How Markets Work" Claiming that grueling work hours and low wages are intrinsic to free markets oversimplifies a complex issue. Capitalism should mean fair exchange, not exploitation. ● "Founders' Fortunes vs. Employee Pennies" - Rethinking Entrepreneurial Rewards Rewarding risk is valid, but amassing vast fortunes by underpaying employees raises ethical questions. Capitalism should be about equitable rewards, not just personal gain. ●"Don't Blame, Analyze the System" - Seeking Systemic Improvement Critiquing capitalism isn't a personal attack; it's about refining the system. Understanding its flaws allows us to make it fairer for everyone. ●"Critique, Don't Opt Out" - Working Towards a Better Capitalism Suggesting one should avoid capitalism if they criticize it oversimplifies the issue. Critique is a call for reform, not rejection. It's about making capitalism more equitable, not abandoning it. No offense to the author, but the excessive toxicity that some folks spread across social media, be it on Twitter or LinkedIn, with others blindly hopping on board, really highlights how we sometimes let our critical thinking slide.

Many companies laying off employees while they're hiring parallely, if you know any such companies please share there name....so we don't end up joining such confusing workplace......

Today I sat with a small biz owner to figure out why he wasn't earning enough from his business. Turns out he wasn't accounting for GST twice (you need to do that if you are buying and selling forward as a trader). Calculating GST amount itself on total invoice value is a nightmare when you account for other things like figuring out HSN-wise tax rates and logistics. And then splitting into two for state and central tax. And he's still educated but weak at math and accounts. I can only imagine how much the average business owner struggles with their own accounting. Heartbreaking stuff.

- The Finance Ministry's Financial Intelligence Unit (FIU) will hear pleas from seven offshore crypto exchanges this week. - Exchanges like Bitfinex, MEXC Global, Kraken, Huobi, Gate.io, Bittrex, and Bitstamp were banned for non-compliance with the Prevention of Money Laundering Act (PMLA). - The ban may be lifted if these platforms pay pending GST dues amounting to around INR 2,900 Cr. - Compliance with PMLA provisions, including KYC norms and reporting of suspicious transactions, is mandatory for resumption. - GST authorities may also send notices to other foreign crypto exchanges that previously operated in India. Source: [Inc42](https://inc42.com/buzz/fiu-to-hear-pleas-of-seven-banned-crypto-platforms-to-restart-india-ops/)