Vivo sent Rs 62,476-cr worth turnover to China to avoid getting taxed in India: ED - Shahpur Turk CSC - Common Service Centre in Sonipat Vivo sent Rs 62,476-cr worth turnover to China to avoid getting taxed in India: ED

10 July 2022

Vivo sent Rs 62,476-cr worth turnover to China to avoid getting taxed in India: ED

ED raids Vivo: 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 claimed to have busted a major money laundering racket involving Chinese nationals and multiple Indian companies.

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