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2024

Infosys coded India’s tax network, it got a $4 billion bill

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The Bengaluru-based firm sent out another statement Thursday evening, saying that the pre-show-cause notice by the state authority had been withdrawn, and it had been directed to submit a response to the GST intelligence directorate in New Delhi. In a further update Saturday, Infosys said that the notice for the financial year ended in March 2018, covering 12% of the demand, stood “closed.”