Skull and Bones
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In order to avoid paying taxes in India, Chinese mobile manufacturer firm Vivo India "remitted" about 50% of its turnover, which is ₹62,476 crore, mainly to China.
Vivo India remitted ₹62,476-cr worth of its turnover to China to avoid taxes
While carrying out searches at 48 locations across the country belonging to Vivo Mobiles India and its 23 associated companies, the ED has seized balance of ₹465 crore from 119 bank accountswww.livemint.com
Balance sheet of all chinese firms operating in India should be thoroughly scrutinized by the agencies.