in

Volkswagen India unit faces $1.4 billion tax evasion notice

India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion in taxes by “wilfully” paying lesser import tax on components for its Audi, VW and Skoda cars, a document shows, in what is one of the biggest such demands.

A notice dated September 30 says Volkswagen used…

Read More

What do you think?

Written by pulseadmin

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Gold prices bounce back by Rs 700 to Rs 79,400 per 10 gm; silver climbs Rs 1,300

Nisus Finance Services IPO to open on Dec 4; eyes Rs 114 crore