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FirstCry founder probed for alleged $50 million India tax evasion

The department, which India’s Ministry of Finance runs, has sent notices to founder Supam Maheshwari asking why he didn’t pay more than $50 million in taxes on equity transactions conducted in privately-held FirstCry, the people said, asking not to be named as the information is not public. ....

Sunil Bharti Mittal , Supam Maheshwari , Chryscapital Management Co , Globalbees Brands Ltd , Globalbees Brands ,

FirstCry founder probed for alleged $50 million tax evasion in India

The department, which India’s Ministry of Finance runs, has sent notices to founder Supam Maheshwari asking why he didn’t pay more than $50 million in taxes ....

Supam Maheshwari , Sunil Bharti Mittal , Globalbees Brands Ltd , Chryscapital Management Co , Globalbees Brands , Indias Tax Department , Tax Evasion , Indian Unicorns , Firstcry Com ,

India's tax department investigating FirstCry founder for alleged $50 million tax evasion

India s tax department is investigating the founder of unicorn FirstCry.com on charges of evading taxes to the tune of $50 million. Sources said at least six investors in FirstCry, including private equity firm ChrysCapital Management Co and Sunil Bharti Mittals family office, have also received enquiries related to the matter. ....

Sunil Bharti Mittal , Supam Maheshwari , Chryscapital Management Co , Globalbees Brands Ltd , Globalbees Brands , Firstcry Tax Case , Indian Tax Department , Tax Fraud , Firstcry Fraud , Firstcry Tax Scam , Firstcry Tax Fraud , Firstcry Tax Payment , Firstcry Compliants ,