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ITNewspapersThe Economic Times

India likely to withdraw Infosys $4 bln tax demand after backlash, sources say

CS Mathew
By CS MathewAugust 24, 2024

NEW DELHI: India is likely to retract its demand that Infosys pay $4 billion in back taxes after weeks of lobbying by the IT giant and an onslaught of criticism from the software services industry, said two government sources with direct knowledge of the plan.

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