Infosys India News
Infosys has received assessment orders for subsidiaries as well, totalling Rs 277 crore.
Infosys revised its revenue growth guidance for the ongoing financial year to 1.5-2 pc from 1-2.5 percent estimated earlier.
The variable pay, which varies for each employee based on individual performance and contributions for the quarter, will be disbursed in the November 2023 payroll.
Infosys' internal communication titled "no double lives" makes it clear that "dual employment is not permitted as per...Employee Handbook and Code of Conduct".
The finance ministry said such glitches on the portal leads to an unhealthy tax compliance requirement, more so on account of such disruptions, some taxpayers end up becoming liable for payment of late fee, interest.
India accounted for 2.2 per cent of the revenues of the City-based firm in April-June period, down from 2.5 per cent in the previous quarter.
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