Chinese company Huawei accused of tax evasion in India: Report


Source: worldnewsera.com worldnewsera.com

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Huawei is found at the center of a tax evasion investigation being conducted by the Indian govt. A new report has suggested that the smartphone maker has been found guilty of manipulating account books in order to reduce the taxable income. The [report](//www.reuters.com/technology/india-has-accused-huawei-tax-evasion-says-government-source-2022-03-03/) filed by Reuters cited an Indian government resource. Also Read – [MWC 2022: Huawei MateBook X Pro 2022, MateBook E laptops launched](//www.bgr.in/laptops/mwc-2022-huawei-matebook-x-pro-2022-matebook-e-laptops-launched-1241196/) The Ministry of Finance had earlier suggested that a major telecoms group has failed to account for income of $52 million. Additionally, the firm could not justify the expenses of $63 million. Also Read –...