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remitted

Vivo India Remitted 50 Percent Turnover to Avoid Tax in India, Claims ED

Ayub Khan Jul 9, 2022 0

A whopping Rs 62,476 crore has been "illegally" transferred by smartphone maker Vivo to China in order to avoid payment of taxes in India, the Enforcement Directorate said Thursday, as it…

Business

Vivo remitted almost 50% of turnover to China to avoid getting taxed in India, says…

Dustin Moskovitz Jul 8, 2022 0

The Enforcement Directorate on Thursday alleged thatVivo India remitted almost 50% of the sale proceeds overseas, mainly to China, to disclose huge losses in several domestically…