RSS-Linked Journal Accuses IT Giant Infosys of Allying With 'Naxals, Tukde-Tukde Gang'. Here's Why
3 years, 3 months ago

RSS-Linked Journal Accuses IT Giant Infosys of Allying With 'Naxals, Tukde-Tukde Gang'. Here's Why

News 18  

In an unprecedented attack on IT major Infosys, RSS-affiliated magazine Panchajanya alleged that the Bengaluru-based company may be deliberately trying to destabilise the Indian economy and accused it of helping ‘Naxals, Leftists and tukde tukde gang’. The Sangh-linked magazine was slammming Infosys for issues surrounding the Goods and Services Tax portal and the new Income Tax portal of the government of India. Besides questioning Infosys’ work ethic, the Panchajanya article also alleges that there have been several accusations against the company for financing left-wingers, anti-nationalists, media portals and fact checking pages to create unrest in the country. The new income tax portal ‘www.incometax.gov.in’, which went live on June 7, had a bumpy start since its launch as it continued to face tech glitches including longer logging in time, inability to generate OTP for Aadhaar validation, non-availability of ITRs for past years. Addressing shareholders’ questions on the matter, Infosys said it is deeply concerned with the inconvenience caused by the technical glitches in the new income tax e-filing portal, and that it is working to resolve all the issues at the earliest.

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History of this topic

Infosys' ₹32,000-crore tax demand not to be relaxed by government: Report
4 months, 2 weeks ago

Infosys' ₹32,000-crore tax demand not to be relaxed by government: Report

Hindustan Times  

The government is not considering any relaxation over the ₹32,000-crore tax demand it sent to Infosys Ltd, news agency Reuters citing sources in the know. The tax demand on Infosys is in accordance to GST rules and the company has sought ten days to submit its response after meeting tax officials, the report claimed. Last week GST authorities slapped a …

Infosys gets ₹3,898 crore partial GST tax relief for FY 2017-18 out of the ₹32,403 crore tax notice for 2017-22
4 months, 2 weeks ago

Infosys gets ₹3,898 crore partial GST tax relief for FY 2017-18 out of the ₹32,403 crore tax notice for 2017-22

Hindustan Times  

Infosys Ltd has been given a tax relief of ₹3,898 crore for the financial year 2017-18, the IT major wrote in a company filing to the exchanges on Saturday. Infosys Ltd has been given a tax relief of ₹ 3,898 crore for the financial year 2017-18 “The Company had received and responded to a pre-show cause notice issued by DGGI …

Infosys says Karnataka authorities have withdrawn ₹32,403 crore GST tax notice
4 months, 3 weeks ago

Infosys says Karnataka authorities have withdrawn ₹32,403 crore GST tax notice

Hindustan Times  

Infosys informed that Karnataka State Authorities have withdrawn the 'pre-show cause' notice and directed the IT firm to submit a further response to the DGGI central authority on the matter. This comes after India's second-largest IT services company said Karnataka GST authorities slapped a ₹32,403 crore notice. Additionally, as per a recent Circular.issued by the Central Board of Indirect Taxes …

After ₹32,000 crore demand to Infosys, government said to mull GST notices to other IT majors
4 months, 3 weeks ago

After ₹32,000 crore demand to Infosys, government said to mull GST notices to other IT majors

The Hindu  

Tax authorities may issue notices soon to more major infotech services firms in a scrutiny of alleged evasion of tax on services by their overseas offices, a government source said, a day after Infosys was slapped with a ₹32,000-crore tax demand. In serving its highest-ever tax demand on Infosys, the government accused the country’s second largest tech services company of …

Infosys slapped with ₹32,403 crore GST notice for overseas expenses
4 months, 3 weeks ago

Infosys slapped with ₹32,403 crore GST notice for overseas expenses

The Hindu  

GST authorities have slapped a ₹32,403 crore notice on Infosys for services availed by the company from its overseas branches for five years starting in 2017. The Bengaluru-headquartered IT firm said Karnataka State GST authorities have issued a pre-show cause notice for payment of GST of ₹32,403 crore for the period July 2017 to March 2022 towards the expenses incurred …

Infosys share price falls 1% as company gets ₹32,000 crore GST evasion notice: What IT major said
4 months, 3 weeks ago

Infosys share price falls 1% as company gets ₹32,000 crore GST evasion notice: What IT major said

Hindustan Times  

Infosys shares fell almost 1 per cent today after the IT major received a GST notice citing a ₹32,000 crore tax evasion. The Directorate General of GST Intelligence said that Infosys is “liable to pay IGST under reverse charge mechanism on supplies received from branches located outside India to the tune of ₹32,403.46 crores for the period 2017-18 to 2021-22.” …

Last-minute ITR filers face glitches galore on income tax portal: ‘Infosys got ₹4,200 crore for this?’
4 months, 3 weeks ago

Last-minute ITR filers face glitches galore on income tax portal: ‘Infosys got ₹4,200 crore for this?’

Hindustan Times  

As the deadline for filing income tax returns ends on Wednesday, July 31, many last-minute filers encountered technical glitches on the income tax portal. Many taxpayers tagged software giant Infosys that has developed the income tax portal. I respectfully request that you initiate portal improvements starting tomorrow and ensure a seamless and efficient experience for taxpayers in the next year,” …

Infosys Q1 results: Revenue up 7%, net profit grows 3.6%, revenue outlook raised, ₹11,625 crore set for dividend
5 months ago

Infosys Q1 results: Revenue up 7%, net profit grows 3.6%, revenue outlook raised, ₹11,625 crore set for dividend

Hindustan Times  

Infosys raised its revenue growth forecast for the financial year 2024-25 on July 18, raising the growth percentage to 4% from 3% earlier. The IT giant's consolidated revenue grew 7% to ₹39,315 crore for the first quarter of the financial year 2024-25 from ₹37,933 during the previous year. The company had previously revised its yearly revenue growth guidance five times …

‘Ask Infosys team to work at least 1 hour’: Bengaluru CA’s jibe at Narayana Murthy over IT portal glitches
5 months, 1 week ago

‘Ask Infosys team to work at least 1 hour’: Bengaluru CA’s jibe at Narayana Murthy over IT portal glitches

Hindustan Times  

Technical glitches in the income tax portal developed by Infosys have led to frustration among chartered accountants. He then wondered whether Murthy could ask his Infosys team to work at least one hour a day so the income tax portal could run smoothly. Ask your Infosys team to work at least one hour per week to smoothly run the income …

Infosys CEO settles insider trading case with Sebi; pays ₹25 lakh
5 months, 3 weeks ago

Infosys CEO settles insider trading case with Sebi; pays ₹25 lakh

The Hindu  

Infosys CEO Salil Parekh settled charges for failing to place adequate internal controls to prevent insider trading at India's No.2 IT services exporter during a 2020 contract, the country's markets regulator said on Thursday. Mr. Parekh agreed to pay 2.5 million rupees to settle the markets regulator's charge, which related to a contract for Infosys to provide U.S. financial firm …

Taxing Experience: How Infosys-designed I-T Portal Has Been Mired in Glitches since Launch in June 2021
2 years, 6 months ago

Taxing Experience: How Infosys-designed I-T Portal Has Been Mired in Glitches since Launch in June 2021

News 18  

Many users reported problems accessing the I-T portal and thought that it was hacked on June 7. The new e-filing portal, www.incometax.gov.in, which went live on June 7, 2021, had a rocky start, with taxpayers and professionals reporting glitches and difficulties in its operation. This is what happened afterwards: June 2021 The e-filing portal experienced numerous glitches in its operation …

Infosys says some users continue to face difficulties, working to streamline I-T portal experience
3 years, 3 months ago

Infosys says some users continue to face difficulties, working to streamline I-T portal experience

India TV News  

IT major Infosys on Thursday acknowledged that some users continue to experience difficulties in accessing the income tax portal and assured that it is working expeditiously, in collaboration with the Income Tax Department, to further streamline end-user experience. The Bengaluru-based company, which has drawn flak for glitches continuing months after the launch of the portal in June, said it has …

RSS distances itself from Panchjanya article on Infosys
3 years, 3 months ago

RSS distances itself from Panchjanya article on Infosys

The Hindu  

The Rashtriya Swayamsewak Sangh went on record on Sunday to distance itself from an article that appeared in a magazine associated with the organisation, Panchjanya, which alleged that Indian software major, Infosys, was with “anti-national” forces, in the way that it had messed up the government’s Income Tax portal. Sunil Ambekar, the all-India prachaar pramukh of the RSS, took to …

Role of Infosys in India's Development Crucial, 'Panchajanya' Not Mouthpiece of Sangh, Says RSS
3 years, 3 months ago

Role of Infosys in India's Development Crucial, 'Panchajanya' Not Mouthpiece of Sangh, Says RSS

News 18  

Sunil Ambekar, all-India publicity in-charge of RSS, on Sunday sought to distance the Sangh from the Panchajanya-Infosys controversy, saying the role of the IT giant in India’s development was critical. In an unprecedented attack on IT major Infosys, RSS-affiliated magazine Panchajanya alleged that the Bengaluru-based company may be deliberately trying to destabilise the Indian economy and accused it of helping …

Panchajanya attacks Infosys on Income Tax portal glitches
3 years, 3 months ago

Panchajanya attacks Infosys on Income Tax portal glitches

The Hindu  

The issues surrounding the Goods and Services Tax portal and the new Income Tax portal of the government of India, developed by the Bengaluru-based software company Infosys, has come under a scathing attack by the RSS-associated magazine Panchajanya. More interestingly, the article then alleges that the Infosys Trust finances many “Left wing” outfits, including fact checking outfits, media portals, that …

Income Tax Return: FM Asks Infosys to fix Glitches of incometax.gov.in by September 15
3 years, 4 months ago

Income Tax Return: FM Asks Infosys to fix Glitches of incometax.gov.in by September 15

News 18  

Finance minister Nirmala Sitharaman on Monday asked Infosys to fix the glitches on the new income tax portal by September 15. Amid various complaints from the taxpayers, finance minister met Infosys managing director and chief executive officer Salil Parekh on Monday to discuss the technical glitches on new income tax e-filing portal. Nirmala Sitharaman took a meeting with Mr. Salil …

Why Infosys Alone Can't be Blamed for Frequent Glitches on Income Tax Filing Portal
3 years, 4 months ago

Why Infosys Alone Can't be Blamed for Frequent Glitches on Income Tax Filing Portal

News 18  

As if India’s image as an investment destination hasn’t suffered enough, the Income Tax department has added its might to make things appear even worse. “Ministry of Finance has summoned Sh Salil Parekh,MD&CEO @Infosys on 23/08/2021 to explain to hon’ble FM as to why even after 2.5 months since launch of new e-filing portal, glitches in the portal have not …

Irked by Glitches in New I-T Portal Even After 2.5 Months, Govt Calls Infosys CEO as Taxpayers Fret
3 years, 4 months ago

Irked by Glitches in New I-T Portal Even After 2.5 Months, Govt Calls Infosys CEO as Taxpayers Fret

News 18  

The Ministry of Finance has summoned Salil Parekh, MD and CEO of Infosys, to seek an explanation about why glitches in the new income tax filing portal have not been resolved, an issue flagged by Finance Minister Nirmala Sitharaman. Addressing shareholders’ questions on the matter, Infosys said it is deeply concerned with the inconvenience caused by the technical glitches in …

Infosys Acknowledged Technical Issues in New Income Tax E-filing Portal: FinMin
3 years, 5 months ago

Infosys Acknowledged Technical Issues in New Income Tax E-filing Portal: FinMin

News 18  

Infosys has acknowledged the technical issues in the new Income Tax portal and some of the initial glitches like slow functioning of the portal and non-availability of certain functionalities have been mitigated, Parliament was informed on Tuesday. In a written reply to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said more than 700 e-mails …

Infosys to resolve major issues with new tax filing portal in a week
3 years, 6 months ago

Infosys to resolve major issues with new tax filing portal in a week

Business Standard  

Infosys to resolve major issues with new tax filing portal in a week Sitharaman asked Infosys to work on the tax portal to make it more "humane and user-friendly" Premium The move comes after FM took cognizance of the problems faced by taxpayers with the I-T portal 2.0, following complaints flooding her Twitter timeline since its launch on June 7 …

Sitharaman meets Infosys officials, reviews tech glitches on new I-T e-filing portal
3 years, 6 months ago

Sitharaman meets Infosys officials, reviews tech glitches on new I-T e-filing portal

India TV News  

Finance Minister Nirmala Sitharaman on Tuesday reviewed with Infosys officials the technical glitches that continue to mar the new income tax e-filing portal. “The Income Tax Department said the new portal was aimed at making compliance more taxpayer-friendly, however the technical glitches shall be addressed fast, for convenience of all,” the ICAI statement said. Addressing shareholders' questions on the matter, …

Finance Ministry Calls Meeting With Infosys On Resolving Glitches Of IT Portal
3 years, 6 months ago

Finance Ministry Calls Meeting With Infosys On Resolving Glitches Of IT Portal

ABP News  

The Finance Ministry has called a meeting with information technology major Infosys on June 22 to resolve issues/glitches in the recently launched e-filing portal of the Income Tax Department. Representatives from Infosys team will be present to answer queries, clarify issues and receive inputs on the working of the portal, to remove glitches and sort out issues faced by the …

Infosys regrets glitches, expects system to stabilise during week: Nilekani responds to Sitharaman
3 years, 6 months ago

Infosys regrets glitches, expects system to stabilise during week: Nilekani responds to Sitharaman

India TV News  

Infosys Co-Founder Nandan Nilekani has responded to Finance Minister Nirmala Sitharaman after the latter flagged issues in the new income tax e-filing website asking the technology company to fix the glitches. Infosys has developed the next-generation income tax filing system to reduce processing time for returns from 63 days to one day and expedite refunds. The software major had also …

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