Infosys Faces SGD Penalty Over GST Non-compliance
The Inland Revenue Authority of Singapore has imposed a penalty of 97,035 SGD on Infosys due to non-compliance with Singapore GST payments from April to June 2025. Infosys reported the fine on August 13, stating it has no significant impact on their financials or operations.
- Country:
- India
The Inland Revenue Authority of Singapore has levied a penalty of 97,035 Singapore dollars on Infosys for non-compliance with Singapore GST payments for the period from April to June 2025.
The order was communicated to Infosys on August 13, as reported in a recent regulatory filing by the company.
Infosys has stated that the financial penalty will not have a material impact on its financial status, operations, or other activities.
(With inputs from agencies.)
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