{"id":840009,"date":"2024-08-02T09:16:24","date_gmt":"2024-08-02T03:46:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=840009"},"modified":"2024-08-02T09:31:22","modified_gmt":"2024-08-02T04:01:22","slug":"after-4-bn-gst-notice-to-infosys-other-it-cos-may-also-get-under-scanner","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/02\/after-4-bn-gst-notice-to-infosys-other-it-cos-may-also-get-under-scanner\/","title":{"rendered":"After $4 bn GST notice to Infosys, other IT cos may also get under scanner"},"content":{"rendered":"<p>Indian authorities may issue notices soon to more major IT services firms in an investigation of alleged tax evasion related to work down by their overseas offices, a government source said on Thursday, a day after Infosys was slapped with a $4 billion tax demand.<\/p>\n<p>In serving its highest-ever tax demand on Infosys, the government accused India&#8217;s second-largest tech services company of evading taxes and sought Rs 32,000 crore ($3.8 billion), or almost all its revenue for the quarter ended June 30.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian authorities may issue notices soon to more major IT services firms in an investigation of alleged tax evasion related to work down by their overseas offices, a government source said on Thursday, a day after Infosys was slapped with a $4 billion tax demand. In serving its highest-ever tax demand on Infosys, the government accused India&#8217;s second-largest tech services company of evading taxes and sought Rs 32,000 crore ($3.8 billion), or almost all its revenue for the quarter ended June 30.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-840009","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=840009"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840009\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=840009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=840009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=840009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}