Skip to content
Search

Latest Stories

India's finance minister summons Infosys chief executive over tax portal glitches

WITH India’s new income tax portal continuing to face technical glitches, finance minister Nirmala Sitharaman summoned Infosys Ltd chief executive Salil Parekh on Monday (23) to explain the issues in an online tax portal developed by the company, the income tax department said on Sunday (22).

The department, an arm of India's ministry of finance, said in a tweet that Parekh would be asked to explain why after two-and-half months since the launch of the new e-filing portal, glitches have not been resolved.


"Since 21/08/2021, the portal itself is not available," the department said in a tweet.

A message has also been put on the website that reads "Portal is going through a maintenance. Inconvenience caused is regretted."

The new tax portal developed by the Bengaluru-based software major was launched on June 7 and, within hours, started to face issues such as the inability to generate OTP for Aadhaar validation, failure to link old data for past returns, and problems in filing returns.

After the income tax department’s tweet on Sunday (22), Infosys India Busines, the Twitter handle of Infosys India Business unit tweeted, “The @IncomeTaxIndia portal continues to be under emergency maintenance. We will post an update once the portal is available again for taxpayers. We regret the inconvenience.”

More For You

British Petroleum (BP)

The company said it plans to sell part of its holdings in the Net Zero Teesside Power project and the Northern Endurance Partnership

Getty Images

BP pulls back on flagship UK carbon capture projects amid wider strategy rethink

  • BP plans to reduce its stakes in the Net Zero Teesside and Northern Endurance Partnership projects.
  • The move comes as the company reshapes its low-carbon strategy under new chief executive Meg O’Neill.
  • Investors are closely watching whether large-scale carbon capture projects can attract long-term funding.

BP is looking to bring in new investors for two of the UK’s biggest carbon capture and storage projects, marking another step away from the aggressive green expansion strategy championed by former chief executive Bernard Looney.

The company said it plans to sell part of its holdings in the Net Zero Teesside Power project and the Northern Endurance Partnership pipeline and storage network in north-east England. The projects are central to the UK’s industrial decarbonisation plans and form part of the government-backed East Coast Cluster strategy.

Keep ReadingShow less