Two Chinese phone makers break tax laws in India, may face $13.42 million fine
Two Chinese smartphone makers operating in India may be fined Rs 10 billion (US $134 million approx.) for violating a tax law relating to non-disclosures of transactions with associated enterprises. On December 21, the Income Tax department had carried out search and seizure operations across India after receiving a tip-off on select foreign-controlled mobile communication and…Continue Reading






