16 Sep 2025 | 5 Mins Read
Infosys Shareholders Face Higher Tax Burden in Buyback Process
Flipitmoney
Infosys is conducting an Rs18,000-crore share buyback at Rs 1,800 apiece for up to 10 crore shares. Tendering shares means a bigger tax hit for investors, with entire buyback proceeds taxed as "deemed dividend" and subject to shareholder's slab rate, potentially up to 30% + for high-income individuals. TDS applies at 10% for residents and 20% for non-residents.