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XIAOMI TAX CASE
Xiaomi challenges India taxman in SC over tariffs on royaltiesXiaomi contests a significant Indian tax demand on royalty payments. The company argues the ruling misinterprets contract manufacturing pra...
Xiaomi’s India growth hit by regulations, sales drop, delaysXiaomi's growth prospects in India are diminishing due to increased regulatory scrutiny and declining market share. The company's revenue c...
Xiaomi eyes settlement route for release of ₹4,704.21 cr frozen assetsXiaomi Technology India's ₹4,704.21 crore remains held up as authorities have attached its bank accounts amid ongoing investigations. The c...
Made 'opposite party' in CCI probe without notice: XiaomiXiaomi India has been named as an 'opposite party' in a CCI investigation on exclusive smartphone launches on platforms like Amazon and Fli...
Xiaomi files appeal against ED's seizure of Rs 5,551.27 croreThe counsel for the company argued that the seizure was unnecessary and under Section 37A of FEMA even the necessity of suspicion is not re...
IT dept searches premises of Lenovo on evasion chargesOfficials also conducted a tax survey at the facilities of one of the vendors of Lenovo, official sources said. These searches were made in...
Court relief for Xiaomi India, frees Rs 3,700 cr FDs, sets conditions“The impugned provisional attachment order at Annexure-A dated 11.08.2022 passed by the 1st respondent in respect of the subject fixed depo...
Court quashes tax dept's $448 million block on Xiaomi's deposits: SourcesThe fund freeze by income tax authorities was on top of another legal tussle Xiaomi faces where it has challenged a block on $666 million o...
India probes may adversely affect operating results or cash flows: XiaomiChinese smartphone maker Xiaomi on Friday said the ongoing investigations and allegations in India could take a long period of time to sett...
Crack down on OPPO, Vivo, Xiaomi can push them to leave India: Chinese state mediaGovernment is looking into cases of alleged tax evasion by three Chinese mobile companies, OPPO, Vivo India and Xiaomi.
'Duty evasion' by Chinese phone firms in India under lensSitharaman said the Directorate of Revenue Intelligence (DRI) had issued a ₹4,389 crore customs duty demand notice to Oppo India.
ZTE tax case: Questions raised by HC could decide the fate of Chinese firms in IndiaThe high court, which last December admitted ZTE's appeal against the tax department's findings and the order of an appellate authority tha...
HC backs ED, says Xiaomi FEMA case to be decided by ‘competent authority’The single bench judge of Justice SG Pandit accepted the contention of the additional solicitor general representing ED. The ED counsel sai...
Tech giants accuse Indian authorities of ignorance in Xiaomi spatIndia’s anti-money-laundering agency is accusing Xiaomi of moving money out of the country by falsely claiming it was for patent-fee paymen...
India tax authority froze $478 million of Xiaomi funds in February: Sources, documentThe fund freeze by tax authorities, being reported for the first time by Reuters, comes on top of another legal tussle Chinese smartphone g...
EXPLAINER-China's Xiaomi battles probes in key India marketXiaomi denies wrongdoing. But it recently hit the headlines with accusations that its executives faced intimidation from Indian enforcement...
ED seizes Rs 5,500 crore of Xiaomi in FEMA caseCompany being probed over alleged illegal royalty payments made to three foreign entities. Smartphone maker denies any wrongdoing, assures ...
ED summons execs of Xiaomi, OnePlus over 'forex violations'In the case of Xiaomi, the ED is probing alleged foreign remittances of more than ₹1,000 crore, said people in the know. These remittances ...
Xiaomi global Vice President Manu Jain appears before Enforcement Directorate in FEMA caseThe federal probe agency, according to sources, is investigating the company and its executives under the provisions of the Foreign Exchang...
Taxmen raid Oppo, Xiaomi, Rising Star, Dixon officesMore than 20 premises in the National Capital Region, Mumbai, Rajkot and Karnataka linked to Oppo and Xiaomi were searched by the tax depar...