Breaking news:
Delhi High Court Agrees to Urgent Hearing on Swatantra Bhardwaj's Plea Against Arrest | Delhi Govt Orders Structural Audit of PGs and Public Buildings After Fatal Collapse | Jeddah-Bound Malaysia Airlines Flight Diverted to Chennai After Mid-Air Engine Snag
Logo

Canada Imposes Rs 82 Lakh Fine on Infosys for Alleged Tax Underpayment

The Canadian government has fined Infosys approximately Rs 82 lakh for alleged underpayment of taxes, according to recent regulatory filings 

15-05-2024
image
   

The Canadian government has levied a fine of approximately Rs 82 lakh on IT giant Infosys for purportedly failing to pay the complete employee health tax required for the year ending December 31, 2020.

According to a recent regulatory filing, this penalty amounts to over 1.34 lakh Canadian dollars.

The regulatory filing stated, "Penalty imposed on alleged underpayment of Employee Health Tax for the year ended December 31, 2020."

Infosys confirmed that it received a notification from Canada's Finance Ministry on May 9 regarding the penalty.

The penalty specifically pertains to the alleged underpayment of Employee Health Tax for the mentioned period, as outlined in the filing. The exact penalty amount specified in the filing is 1,34,822.38 Canadian dollars.

Infosys mentioned that it does not foresee any significant impact on its financials, operations, or other activities due to the fine.

Image

Missing Bangladesh Lemurs Allegedly Linked to Ambani-Backed Vantara Zoo

According to news reports and Bangladeshi officials, two endangered lemurs stolen in 2025 have been

Read More
Image

NCPCR Summons Meta India Chief Over Alleged Child Sexual Abuse Material Ads o

The National Commission for the Protection of Child Rights has asked Meta India's Managing Director

Read More
Image

PM Modi to Visit Vadodara for ₹35,000-Crore Project Launch Featuring First-

Prime Minister Narendra Modi’s upcoming visit to Vadodara will feature the launch of major infrast

Read More