JSW wants Volkswagen to bear $1.4 billion India tax bill in JV dealIn a push for collaboration, JSW Group is insisting that Volkswagen AG take on a significant tax liability that is still unresolved in Indi...
24 Sep, 2026, 04.32 PM IST
India probes LG, Samsung over alleged tariff evasion on imported OLED TV partsIndia is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts of high-end TVs, five source...
23 Sep, 2026, 03.17 PM IST
JSW, Skoda-Volkswagen India stitch up 51:49 JV plan; sign non-binding MoU, begin exclusive valuation talksJSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expa...
09 Sep, 2026, 12.47 PM IST
Tata-owned JLR to cut 4,000 jobs in the UK amid sales and tariff pressuresTata-owned Jaguar Land Rover plans to cut about 4,000 UK jobs over two years as it targets £1.7 billion in savings. The move comes as JLR b...
05 Sep, 2026, 04.25 PM IST
India court to re-hear Volkswagen's challenge to $1.4 billion tax demand, sources sayAn Indian court will re-hear Volkswagen's challenge to a significant tax demand. This decision comes more than a year after arguments in th...
25 Aug, 2026, 08.32 PM IST
Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
25 Aug, 2026, 11.18 AM IST
From Samsung to BYD: Foreign companies and their tax tussles with IndiaForeign companies in India face significant tax disputes, including Samsung's $601 million penalty for tariff evasion, Volkswagen’s $1.4 bi...
26 Mar, 2025, 04.20 PM IST
India hunts for back taxes as world grapples with tariffsPresident Trump plans new tariffs on cars, aluminum, and pharmaceuticals. India pursues foreign companies like Samsung and Volkswagen for b...
25 Mar, 2025, 08.23 PM IST
India says quashing Volkswagen's $1.4 billion tax bill would be 'catastrophic'India's government has opposed Volkswagen's plea to annul a $1.4 billion tax bill, asserting it could lead to companies withholding informa...
23 Mar, 2025, 12.20 PM IST
$1.4 bn tax demand on Volkswagen: Bombay HC asks Customs to file affidavit on time limitationThe Bombay High Court has asked the Customs department to explain its $1.4 billion tax demand from Skoda Auto Volkswagen India, raising que...
26 Feb, 2025, 06.57 PM IST
India singles out VW in $1.4 billion tax dispute, says Kia corrected courseIndian tax authorities have accused Volkswagen of evading $1.4 billion in taxes by misclassifying car imports for 12 years. The court battl...
26 Feb, 2025, 02.58 PM IST
Skoda Auto Volkswagen must fall in line and not play victim: Customs dept to Bombay HCSkoda Auto Volkswagen is involved in a $1.4 billion tax dispute over alleged customs duty fraud on importing CKD units. The company denies ...
20 Feb, 2025, 05.26 PM IST
No halt on Skoda Auto Volkswagen consignments over Rs 11,000 crore tax demand: Customs dept to Bombay HCThe Customs Department assured the Bombay High Court that it will not detain Skoda Auto Volkswagen India's consignments amidst the $1.4 bil...
17 Feb, 2025, 05.55 PM IST
Volkswagen's $1.4 billion India tax tussle rekindles foreign investor fearsIndia's tax demand of $1.4 billion from Volkswagen, following 12 years of investigation, raises concerns for foreign investors in India. De...
12 Feb, 2025, 04.16 PM IST
How Volkswagen bumped into a $1.4 billion problem in IndiaVolkswagen is facing a $1.4 bn tax dispute with the Indian government over alleged import tax evasion for its car parts. The company claims...
03 Feb, 2025, 08.26 PM IST
Volkswagen sues India to quash 'enormous' $1.4 bn tax demand, legal filing showsVolkswagen has challenged a $1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi's car part import taxation rule...
02 Feb, 2025, 01.32 PM IST
Volkswagen India unit faces $1.4 billion tax evasion noticeIndia has accused Volkswagen of evading $1.4 bn in taxes by misclassifying car component imports as individual parts. This allowed Volkswag...
29 Nov, 2024, 08.46 PM IST