Tax Raids On Chinese Phone Makers In India

Wednesday, 22 December 2021Newsdesk

In a major crackdown on Chinese mobile companies, the Income Tax department is conducting searches on leading Chinese mobile companies across the country.

New Delhi, 22 December 2021

As per news report of NDTV, Mobile companies Oppo, Xiaomi, and One Plus are being covered in the searches, sources told news agency ANI. Over two dozen premises are being raided in searches that began Tuesday. "Raids are ongoing in Delhi, Mumbai, Bengaluru, Greater Noida, Kolkata, Guwahati, Indore and some other places," the sources said. Some fintech companies are also covered in this search, they added.

Source - NDTV