Income tax infosys contract
WebJul 11, 2024 · The much-touted new income tax portal -- www.incometax.gov.in -- had a bumpy start from the day of its launch on June 7 as it continued to face tech glitches, … WebInfosys was awarded Rs 4,242 crore contract in 2024 to develop the new portal for a next-generation income tax filing system, aimed at reducing processing time for returns from 63 days to one day ...
Income tax infosys contract
Did you know?
WebAug 24, 2024 · Infosys said it was working to fix the technical issues. It said at least five issues of e-proceedings, Form 15CA/15CB, TDS statements, DSC, viewing of past ITRs … WebAmendments to tax laws demand continuous training in tax reporting and compliance. Tax specialists have deep domain knowledge of tax processes, data localization, and tax …
Web1 day ago · Updated: 14 Apr 2024, 11:39 AM IST Asit Manohar. ITR filing: Stock market investor cannot set off long-term capital losses against short-term capital gains whereas short-term capital losses can be ... Web2 days ago · For the quarter ending March, Bengaluru-headquartered Infosys posted a net profit of 61.3 billion rupees ($749 million), a rise of 7.7% over the previous year, it said in a stock exchange filing Thursday. Analysts expected a profit of 66.13 billion rupees. Sales rose 16% to 374.4 billion rupees. ©2024 Bloomberg L.P. FAANG stocks 6:52
WebAug 22, 2024 · In a late evening tweet, Infosys said emergency maintenance of the income-tax portal has concluded and the portal is live. “We regret any inconvenience caused to … WebAug 23, 2024 · Since January 2024 till June 2024, the total amount paid to Infosys is Rs 164.5 crore under this project,” Minister of State for Finance Pankaj Chaudhary said in a …
Web2 days ago · Day after TCS, Infosys sees 2.5% decline in stock value prior to Q4 results Mint Get Mint Premium at just ₹2949 Claim Now! Gainers & Losers Thu Apr 13 2024 11:39:18 Top Gainers Top Losers Bajaj...
WebJun 7, 2024 · Infosys was in 2024 given the contract to develop the portal. According to a written reply in the Lok Sabha last year, the government paid Rs 164.5 crore to Infosys to build the new income tax e-filing portal … chatto wineryWeb1 day ago · Dist. Intermediate Educational Office Vs Income Tax Officer (TDS) (ITAT Hyderabad) ITAT Hyderabad held that payment to contract teachers doesn’t qualify as ‘fee for professional services’ and accordingly TDS under section 194J of the Income Tax Act not deductible. Facts- The common question that arises in both these appeals is whether the ... chattownWebAug 15, 2024 · The government has paid ₹164.5 crore to Infosys between January 2024 and June 2024 for developing the portal. In 2015, Infosys had won the ₹1,380 crore-contract … chat townWebIn many cases, companies are deducting TDS on amount paid to such contract employees either under Section 194J or Section 194H or Section 194D. TDS in such cases is normally being deducted at a flat rate of 10%. Recommended Read: TDS Rate Chart. Such workforce won’t be issued the Form 16 as well because Form 16 is only issued to regular ... chatto windusWebJun 20, 2024 · In 2024, Infosys was awarded a contract to develop the next-generation income tax filing system to reduce processing time for returns from 63 days to one day … customize your own nike wrestling shoesWebThe government has selected information technology firm Infosys Ltd to implement the project after a competitive bidding process. “The turnaround time to process an income … customize your own nike high top shoesWeb2 days ago · Infosys on April 13 reported a 7 per cent quarter-on-quarter (QoQ) decline in its consolidated net profit at Rs 6,128 crore for the quarter ended March 2024 (Q4FY23). On a yearly basis, the profit grew 7.8 per cent. Revenue for the period stood at Rs 37,441 crore, down 2.3 per cent QoQ and up 16 per cent on a year-on-year (YoY) basis. customize your own nike backpack