Infosys Limited Receives ₹7.49 Crore Penalty Orders from Commercial Tax Authorities

1 min read     Updated on 30 Dec 2025, 03:27 PM
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Reviewed by
Suketu GScanX News Team
Overview

Infosys Limited disclosed receiving penalty orders worth ₹7.49 crores from the Deputy Commissioner of Commercial Taxes on December 29, 2025. The penalties relate to alleged violations during FY 2021-22, including non-realization of export proceeds, ineligible ITC availment, RCM issues, and other compliance matters. The disclosure was made under SEBI Regulation 30 requirements.

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*this image is generated using AI for illustrative purposes only.

Infosys Limited has received penalty orders totaling ₹7.49 crores from commercial tax authorities, as disclosed in a regulatory filing on December 30, 2025. The IT services major received the communication from the Deputy Commissioner of Commercial Taxes on December 29, 2025, at 16:24 IST.

Penalty Details and Violations

The penalty orders relate to alleged violations during the financial year 2021-22. The commercial tax authorities have issued demands for multiple compliance issues that resulted in the substantial penalty amount.

Parameter: Details
Total Penalty Amount: ₹7,49,10,389
Issuing Authority: Deputy Commissioner of Commercial Taxes
Communication Date: December 29, 2025
Time of Receipt: 16:24 IST
Relevant Financial Year: 2021-22

Nature of Alleged Violations

The penalty orders cover several areas of alleged non-compliance during FY 2021-22. The violations span across various aspects of tax compliance and business operations.

The key areas of alleged violations include:

  • Non-realization or delay in realization of export proceeds
  • Availment of ineligible Input Tax Credit (ITC)
  • Issues related to Reverse Charge Mechanism (RCM)
  • Import of services compliance matters
  • Sale of investments related issues
  • Staff welfare expense matters
  • Write-off cases of exports

Regulatory Compliance

The company has made this disclosure in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by A.G.S. Manikantha, Company Secretary, with membership number A21918.

Infosys has communicated this information to all major stock exchanges including BSE Limited, National Stock Exchange of India Limited, and New York Stock Exchange. The company has also indicated that this information will be hosted on its official website at www.infosys.com for public access and transparency.

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Infosys Revises Entry-Level Compensation Structure with Salaries Up to ₹21 Lakh for Specialized Roles

1 min read     Updated on 29 Dec 2025, 08:26 PM
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Reviewed by
Radhika SScanX News Team
Overview

Infosys has announced a significant overhaul of its entry-level compensation structure, introducing salary packages up to ₹21 lakh per annum for specialized roles. The company aims to recruit 20,000 new employees as part of its AI-first strategy. The revised salary framework targets engineering and computer science graduates across multiple positions, with packages ranging from ₹7 lakh to ₹21 lakh annually. However, social media responses suggest a disparity between advertised salaries and actual offers, with most students receiving lower packages. This move comes amid criticism of stagnant fresher salaries in the IT services sector.

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*this image is generated using AI for illustrative purposes only.

Infosys Ltd. has announced a major overhaul of its entry-level compensation structure, introducing salary packages of up to ₹21.00 lakh per annum for certain specialized roles. This decision represents a significant shift from the company's previous approach to fresher salaries and aligns with its strategic focus on expanding AI capabilities and attracting young digital talent.

New Compensation Structure and Role Categories

The revised salary framework targets engineering and computer science graduates across multiple specialized positions. The company has structured its offerings across different levels with varying compensation packages:

Role Category Annual Salary Additional Benefits
L3 (Trainee) ₹21.00 lakh -
Specialist Programmer L2 (Trainee) ₹16.00 lakh -
Specialist Programmer L1 (Trainee) ₹10.00 lakh ₹1.00 lakh joining bonus
Entry-level positions ₹7.00 lakh minimum Varies by role

Strategic Hiring Initiative

Infosys aims to recruit 20,000 new employees as part of its AI-first strategy implementation. According to Infosys group CHRO Shaji Mathew, the hiring process will encompass both campus recruitment and off-campus drives to reach a broader talent pool. This expansion reflects the company's commitment to strengthening its position in artificial intelligence and digital transformation services.

Market Response and Reality Check

While the announcement has generated attention, social media users have provided contrasting perspectives on the actual implementation of these salary ranges. Campus recruitment experiences shared by students suggest a different reality from the advertised maximum figures.

One student, Aniket Sahu, shared specific data from a campus of approximately 2,000 students:

  • Zero students received offers at ₹21.00 lakh per annum
  • Approximately 15-20 students received offers at ₹6.00 lakh per annum
  • Only 5-10 students were offered ₹11.00 lakh per annum

Industry Context and Criticism

The IT services sector has faced ongoing scrutiny regarding entry-level compensation practices. Infosys has previously been criticized for maintaining stagnant fresher salaries, with some entry-level positions reportedly starting at ₹3.50 lakh per annum, while higher-level compensation packages experienced significant increases.

Social media commentary reflects mixed reactions to the announcement. Some users characterized the higher salary figures as targeting niche technical skills, while others suggested that average pay scales remain unchanged for most positions. The consensus among several respondents indicates that multiple role categories continue to exist within the company's hiring framework, with compensation varying significantly based on specific skill requirements and role specifications.

Infosys' revised compensation structure for freshers now offers salaries ranging from ₹7-21 lakh annually across specialized roles. This move is part of the company's expansion of its AI-first strategy, aiming to attract and retain top talent in the competitive tech industry.

Historical Stock Returns for Infosys

1 Day5 Days1 Month6 Months1 Year5 Years
+1.66%+1.07%+1.41%-0.10%-15.42%+27.84%
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