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Canadian government imposes penalty on Infosys
May-14-2024

The Canadian government has imposed a penalty of over 1.34 lakh Canadian dollars (about Rs 82 lakh), on Infosys for alleged underpayment of employee health tax for the year ended December 31, 2020. Infosys received an order from Canada’s Finance Ministry on May 9, 2024. There is no material impact on financials, operations or other activities of the company. 

Infosys is a global leader in next-generation digital services and consulting.

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