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Август
2024

Govt may decide on Infosys' Rs 32,000 crore tax at Sept 9 GST meet, foreign airlines too keep fingers crossed

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India might retract its $4 billion tax demand on Infosys following intense lobbying and industry backlash. The tax notice, targeting overseas offices for GST payments since 2017, contradicts India's policy on services exports. A formal decision is expected from the GST Council on Sept. 9.