Wednesday, July 31, 2024

Infosys shares drop 1% over alleged Rs 32,000 crore GST evasion

Infosys shares dropped by 1% following news of an investigation by the Directorate General of GST Intelligence regarding a Rs 32,000 crore GST evasion. Infosys clarified via a filing that GST should not apply to services by overseas branches and asserted compliance with all GST obligations.

from Economic Times https://ift.tt/sLkGIct

No comments:

Post a Comment

Adani Green insider trading: Sebi ends case against Pranav Adani without any direction or penalty

Sebi has dropped insider trading charges against Pranav Adani and two others, ruling their Adani Green trades occurred after news of the SB ...