India’s record tax cuts are expected to give only a limited boost to economic growth as consumers use the savings to cut back ...
Foreign companies have often struggled in India due to high tax demands related to duty evasion on imports or levies payable ...
pointing out alleged tax evasion of Rs 1,350 crore, as per a government notice reported by Reuters. According to the notice, Kia India has wrongly declared imports of components for Kia Carnival ...
South Korea's Kia has been accused by India of evading taxes amounting to $155 million through misclassification of component ...
Two sources said Kia's case was similar to that of Volkswagen, accused of evading a higher tax of 30% to 35% applicable on ...
NEW DELHI, Feb 5 (Reuters) - India has accused ... and two sources. Tax officers sent a confidential notice to Kia's Indian unit in April 2024, flagging alleged tax evasion of 13.5 billion rupees ...