Media Statement

Clarification from Infosys Foundation

Bengaluru – May 13, 2019

Infosys Foundation would like to clarify that it has not violated any FCRA norms and was de-registered from FCRA following its request to the Ministry.

The Foundation was registered under the FCRA Act in January 2016. In May 2016, the Government amended the FCRA Act in the Finance Bill with retrospective effect from 2010 as a result of which Foundation no longer fell under the purview of the FCRA Act. The Foundation thereafter applied for its de-registration from FCRA with an additional request to cancel the FCRA registration in June 2016, and received acknowledgement from the FCRA wing in the same month.

The Foundation has submitted its annual returns for FY16, FY17 and FY18, though it did not fall under the purview of Act following its amendment. Additionally, the Foundation has also submitted necessary paperwork to the Government in July 2018, to showcase that the Foundation has not received any foreign funding.

The Foundation has not received any notice to file returns pertaining to FCRA after April 2018.

 

Media Contacts:

Rishi Basu

PR_India@Infosys.com