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India accuses Chinese smartphone maker Vivo of tax fraud – Nikkei Asia

Source: nikkei.com nikkei.com
News Snapshot:

A Vivo shop in Ahmedabad, India. Chinese phone makers account for 60% of the Indian market. © Reuters SAYAN CHAKRABORTY, Nikkei staff writer July 8, 2022 01:48 JST | India Copy Copied BENGALURU — Indian operations of Chinese smartphone maker Vivo were accused Thursday by the government's anti-money-laundering agency of channeling 624.76 billion rupees ($7.9 billion) outside the country, mostly to China, to avoid paying taxes. Read Next

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