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Thursday, 6 January 2022

Xiaomi India gets Rs. 653 crore notice for tax evasion

Indian tax authorities on Wednesday have asked Xiaomi India to pay Rs. 653 crore for alleged evasion of import duty. The investigation was carried out by the Directorate of Revenue Intelligence (DRI). A notice has been sent to Xiaomi after recovering incriminating documents indicating that Xiaomi India was remitting royalty and licence fees to Qualcomm … Continue reading "Xiaomi India gets Rs. 653 crore notice for tax evasion"

The post Xiaomi India gets Rs. 653 crore notice for tax evasion first appeared on Fone Arena.