Karnataka withdraws Infosys tax notice; here’s how stock reacts
Infosys shares dropped 1.3%, while other IT heavyweights such as TCS, Tech Mahindra, HCL Tech, and Wipro fell in the range of 1-2%.
infosys tax notice
August 2024
Infosys shares slide over 1% on tax notice of ₹32,403 crore
The IT major has claimed that it “paid all its GST dues and is fully in compliance with the central and state regulations on this matter”.
