Skip to content
Search

Latest Stories

Indian IT major Infosys admits appeal against UK tax assessment: Report

Reports are flagging that the firm co-founded by British Prime Minister Rishi Sunak's father-in-law, Narayana Murthy, was contesting a £20 million tax bill with His Majesty's Revenue and Customs (HMRC) department.

Indian IT major Infosys admits appeal against UK tax assessment: Report

Software services major Infosys on Tuesday admitted that it has appealed against a corporation tax assessment by the UK authorities as British media reports referenced the company’s annual report to reveal the dispute.

Reports are flagging that the firm co-founded by British Prime Minister Rishi Sunak’s father-in-law, Narayana Murthy, was contesting a £20 million tax bill with His Majesty’s Revenue and Customs (HMRC) department.


The dispute, first revealed by ‘The Times’, comes at a sensitive time for Sunak who sacked his Conservartive Party chief, Nadhim Zahawi, after an investigation found he had breached the ministerial code of ethics over his tax affairs.

“Infosys provides details of certain ongoing disputes with various regulatory authorities, including this specific tax matter with HMRC,” an Infosys spokesperson told ‘The Times’.

“The company has filed an appeal against a tax assessment in the UK and obtained a stay on the payment of the tax demand from HMRC,” the spokesperson said.

There is no suggestion of wrongdoing by Infosys, the newspaper highlights.

Murthy quit Infosys in 2014 and is not involved with its operations. His daughter and Sunak’s wife, Akshata Murty, owns just over 0.9 per cent of the Bengaluru-based company.

Murty found her personal wealth under the spotlight in April last year when it emerged that she legally held non-domiciled tax status as an Indian citizen, which meant she did not have to pay tax on earnings from abroad, including from Infosys dividends.

She has since denounced her non-dom tax status saying it was not “compatible” with her husband’s job – who was then the chancellor of the country.

(PTI)

More For You

Rochdale grooming case

They were all remanded in custody, except Bashir, who absconded before the trial began. (Photo: Greater Manchester Police)

Seven men convicted of raping 13-year-old girls in Rochdale grooming case

SEVEN men were convicted on Friday in the UK’s latest grooming trial, after a jury heard that two girl victims were forced to have sex “with multiple men on the same day, in filthy flats and on rancid mattresses”.

Jurors at the court in Manchester, northwest England, deliberated for three weeks before finding the seven men, all of whom are of South Asian descent, guilty of rape.

Keep ReadingShow less
karan-thakar

Karun Thakar is a leading textile collector with a lifelong focus on Asian and African textiles

Karun Collection

Karun Thakar Fund to support textile research with scholarships and grants

THE KARUN THAKAR FUND, established by textile collector Karun Thakar in collaboration with the Victoria and Albert Museum (V&A), supports the study of Asian and African textiles and dress through scholarships and project grants.

The fund offers one-time Scholarship Awards of up to £10,000 for university students worldwide focusing on any aspect of Asian or African textiles and dress. Undergraduate, graduate, and postgraduate students from any accredited university are eligible, provided their research or practice is clearly linked to these areas. The next round of Scholarship Award applications opens on 1 May 2025 and closes at 23:59 on July 15, 2025.

Keep ReadingShow less
Asian leaders recognised in King's birthday honours list

Professor Jagtar Singh (Photo: Facebook)

Asian leaders recognised in King's birthday honours list

ASIAN health workers, academics, charity workers and campaigners are among those who have been recognised in the King’s birthday honours list announced tonight (13).

More than a thousand recipients have been awarded for their exceptional achievements, with a particular focus on those who have given their time to public service, according to the Cabinet Office.

Keep ReadingShow less
Air India

A view shows the wreckage of the tail section of an Air India aircraft, bound for London's Gatwick Airport, which crashed during take-off from airport in Ahmedabad. (Photo: Reuters)

Air India crash: Probe focuses on engine and flaps; safety checks ordered for 787 fleet

THE INVESTIGATION into the Air India crash that killed more than 240 people is focusing on the aircraft's engine, flaps, and landing gear.

The Indian aviation regulator has ordered safety checks on the airline’s entire Boeing 787 fleet, reported Reuters.

Keep ReadingShow less