{"id":840102,"date":"2024-08-02T10:12:26","date_gmt":"2024-08-02T04:42:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=840102"},"modified":"2024-08-02T10:12:26","modified_gmt":"2024-08-02T04:42:26","slug":"infosys-gets-strong-support-from-nasscom","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/02\/infosys-gets-strong-support-from-nasscom\/","title":{"rendered":"Infosys gets strong support from NASSCOM"},"content":{"rendered":"<p>Nasscom has expressed deep concern over the Rs 32,403 crore GST demand levied on Infosys, arguing that it reflects a fundamental misunderstanding of the IT industry&#8217;s operating model. The industry body warned that such actions could lead to avoidable litigation, investor uncertainty, and damage India&#8217;s reputation as a business-friendly destination.<br \/>\n&#8220;Recent media reports of a GST demand of over Rs 320 billion (Rs 32,403 crore) reflects a lack of understanding of the industry&#8217;s operating model.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasscom has expressed deep concern over the Rs 32,403 crore GST demand levied on Infosys, arguing that it reflects a fundamental misunderstanding of the IT industry&#8217;s operating model. The industry body warned that such actions could lead to avoidable litigation, investor uncertainty, and damage India&#8217;s reputation as a business-friendly destination. &#8220;Recent media reports of a GST demand of over Rs 320 billion (Rs 32,403 crore) reflects a lack of understanding of the industry&#8217;s operating model.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-840102","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840102","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=840102"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840102\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=840102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=840102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=840102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}