ED summons execs of Xiaomi, OnePlus over ‘forex violations’
The Enforcement Directorate has summoned officials of Chinese telecom companies OnePlus and Xiaomi for suspected forex violations, sources in the know told ET. The ED action follows investigations by the income tax (I-T) department, which had raided these companies – and also Oppo – last year, people familiar with the developments told ET. Tax sleuths…Continue Reading