Welcome to the world of facts and news: Infosys to pay California $8,00,000 over foreign workers’ visas, tax fraud

Infosys to pay California $8,00,000 over foreign workers’ visas, tax fraud

Infosys will pay California USD 800,000 (nearly Rs 56 crore) to resolve allegations that between 2006 and 2017, approximately 500 Infosys employees were working in the State on Infosys-sponsored B-1 visas rather than H-1B visas. This misclassification resulted in Infosys avoiding California payroll taxes such as the unemployment insurance, disability insurance, and employment training taxes.

from Tech-Economic Times https://ift.tt/2EsgDPx

No comments:

Post a Comment

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...