News Karnataka
Tuesday, January 31 2023
Bengaluru

Infosys settles visa payment dispute with California

Photo Credit :

Bengaluru: Global software major Infosys on Wednesday said it had reached a settlement with the California Attorney General on charges related to B-1 visas to its techies.

“Our agreement concludes the California Attorney General’s investigation into allegations related to the payment of state payroll taxes for some employees travelling on B-1 visas dating back to 2006,” Infosys Company Secretary A.G.S. Manikantha said in a regulatory filing on the BSE.

The agreement will result in the case being dismissed with prejudice and was reached to avoid time, expense and distraction of protracted litigation on the charges against the city-based IT behemoth.

“We dispute the allegations and we admit no wrong-doing in the case,” asserted the $11-billion outsourcing firm.

The company also reiterated that it maintains robust policies and procedures to ensure adherence with all applicable regulations and laws.

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

To get the latest news on WhatsApp