Top IT industry association Nasscom slams Rs 32,403-crore GST demand on Infosys

Top IT industry association Nasscom on Thursday strongly opposed a ₹32,403-crore goods and services tax (GST) notice slapped on Infosys, flagging it as a broader issue affecting multiple companies in the sector.

The notice, issued by Karnataka state authorities, alleges that Infosys owes tax on services received from its overseas branches.