Infosys Receives A Pre-Show Cause Notice For A Hefty ₹32,400 Cr | CNBC TV18

#GSTNotice | Tax disputes have increased over the last few years & this 'tax terrorism' should stop, says TV Mohandas Pai, Fmr CFO & Board Member, Infosys after the company receives a pre-show cause notice for a hefty Rs 32,400 cr. Sonal Bhutra & Vivek Iyer.

#infosys #gstnotice #gstdemandnotice #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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[ravindranu]

Even CNBC doesnt understood the point Mr.Pai is about to tell...what a pain businessmen are facing!! not good for the country at all !! ...

[prakashth]

Tax like Switzerland, facilities like India 👏

[Tiruvisa]

Sell Infosys to Adani . Washing powder Nirma

[arvindynr]

now ED will come after this guy for speaking out..

[LAKSHMILAKSHMI-htgz]

Few days back he was all praise for the budget. now he is saying tax terrorism.

[AjaySharma-jnsr]

How could Karnataka GST employees punish shareholders of Infosys ?
Is there any accountability of Government Servants ? Whether there is any punishment for negligence, incompetency and carelessness ? Modiji, this COUNTRY won’t be developed till the incompetent, KAMCHOR and careless Govt Servants are punished very very very hard

[tejasvibangalore]

Mohandas Pai had issues with the FM and PM now the fast 😅

[iNDIAN-bjhl]

The company which is giving employment to lacs suddenly served tax notice for payment of Rs. 32403/- crores. I am a BJP man. I am disillusioned with the way in which matters are managed by the finance ministry. Whether Nirmala madam is in control
Whether guidelines are formed before sending tax notice of such a big quantum? We are hearing complaints from traders with regard to waywardness of GST authorities all over country
If things goes like this uncontrolled way, image of the govt will suffer very badly and consequences are foregone conclusion. Who authorised tax notice and who is responsible for creating uncomfortable situation among general public..
People concerned should be dismissed immediately for misuse of power

[paris]

I hope Narayana Murthy spends at least 2 hour time for filing taxes in a year before asking employees to work 70 hours a week.

[sachinbhagwani]

Today a normal businessman in india is living a life of hell

[beinghuman]

Murthy said India cannot become China...and the tax notice comes...then next party fund

[MP-lbbv]

True, taxmen harass you if you don't bribe them even if there's nothing against you by serving false notices and passing harrasment orders..you have to fight in appeal for no fault of yours.

[rakeshdeshmukh]

middle class being fleeced by income tax and no amenities in return.

[manojsuri]

Let super rich pay taxes..why should.middle class suffer all the time.

[Sangamalli]

ROFL.
All the cult followers are slowly waking up.
You guys asked for. it.

[dhirendrayadav]

So called industry friendly NDA government should look into this matter

[prabinchanda]

Every year, India's politicians launch thousands of schemes with grand promises, India's poor caliber politicians, known for their sweet speeches, fail to deliver on their promises. The country's potential remains untapped, and its people suffer the consequences.

The never-ending cycle of corruption, coupled with poor governance, has led to a lack of trust in the system.

[BusinessConsulting]

they want heavty tax and does noting for us as a company

[dkq]

The same entity sitting in foreign country can not remit the funds with GST exception.
Mr. Pai has a valid point but law currently states otherwise.
Infosys must pay the amount or government must change law.

[TheFaisal]

The problem is KPI. Taxmen will harass anyone and everyone for meeting his target. Meet your targets to keep job and get performance bonus. KPI is the issue, let the authorities deal with it.