Get latest articles and stories on India at LatestLY. Chinese smartphone makers, including Oppo Mobile, Vivo India and Xiaomi Technology, have been found evading taxes worth Rs 9,000 crore in India, Parliament was informed on Friday. India News | Chinese Mobile Companies Evade Rs 9,000 Cr in Tax in India, Rs 1,629 Cr Recovered.
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In a major relief to Xiaomi Technology India, the Karnataka High Court has quashed the Income Tax department's order of attaching Rs 3,700 crore fixed deposit amount in a tax evasion case against the company.In its recent order, the court has .