WebSep 23, 2024 · Infosys has admitted it has missed the Indian government's deadline to fix the tax portal it built, but which has been a glitchy mess since its June 2024 launch. The portal was introduced to make filing taxes more efficient. WebAug 22, 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 and expedite refunds. Till June...
Case Study: India’s Income Tax Department Uses Blockchain …
WebSep 8, 2024 · Mumbai: As the deadline of September 15th draws closer, the glitches in the new income tax portal has become a thorn in Infosys neck. The ambitious project which was focused on simplifying tax filing has come to haunt not only tax-payers but also Infosys who was tendered this project back in 2024. WebSep 9, 2024 · The income tax return (ITR) filing has increased to 3.2 lakh daily in September, 2024 and 1.19 crore ITRs for assessment year 2024-22 have been filed. fix my feet plymouth mi
Behind Infosys’ struggles to deliver the income tax project
WebApr 13, 2024 · According to Zee Business research, Infosys is also expected to report muted earnings for the last quarter of FY23, wherein the profit after tax is likely to come almost flat to Rs 6600 crore and revenue may surge by around two per cent to Rs 39,000 crore on a sequential basis. Overall, the country's IT sector is expected to stage a muted earnings … WebJun 21, 2024 · Prior to getting the contract to develop and manage the Income Tax portal, Bengaluru-based Infosys had been appointed by the government and its agencies for a … WebSep 26, 2024 · Infosys is caught in the middle of a huge public embarrassment due to the bugs in the new Income Tax e-filing 2.0 portal they developed for the Income Tax … fix my financial problems