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Infosys settles visa payment dispute with California

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.-IANS news

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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.-IANS news

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34 COMMENTS

  1. Connect the millions winning colossal on fan maxxwins – the #1 tangible coins casino app in America.
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    Irresponsibly payouts, huge jackpots, and day in action – download FanDuel Casino in these times and start playing like a pro today!

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Please enter your comment!
Please enter your name here

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