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Volkswagen sues Indian govt over $1.4 billion tax demand
Exclusive: Volkswagen sues India to quash 'enormous' $1.4 bln tax demand, legal filing shows
Volkswagen has sued Indian authorities to quash an "impossibly enormous" tax demand of $1.4 billion, arguing the ask is contradictory to New Delhi's import taxation rules for car parts and will hamper the company's business plans,
Volkswagen sues Indian govt over $1.4 billion tax demand | Details
Volkswagen has filed a lawsuit against Indian authorities to challenge a $1.4 billion tax demand, claiming it's inconsistent with import tax rules.
Volkswagen sues India to quash tax demand
Volkswagen has challenged a $1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi's car part import taxation rules. The dispute jeopardizes Volkswagen's $1.5 billion investments in India.
37m
on MSN
This former No. 1 amateur held off Bryson DeChambeau to win International Series India
Former No. 1 amateur Ollie Schniederjans held off Bryson DeChambeau to win the International Series India on Sunday.
6m
Abhishek’s rapid fire ton seals India’s 4-1 series win over England
The opener’s 54-ball 135, the highest T20I score by an Indian batter, helped the hosts win by 150 runs at the Wankhede ...
12h
Billionaire Ambani's Reliance brings Shein back to India after 2020 app ban
Reliance Retail has launched an app in India to sell fashionwear from China's Shein under a licensing deal, almost five years ...
1h
India averts first of Trump’s tariff volleys; China, Mexico & Canada take the initial hit
Trump’s first executive order on February 1 to impose trade tariffs did not mention India, signalling that bilateral trade ...
2d
on MSN
Study finds India doubled its tiger population in a decade and credits conservation efforts
India doubled its tiger population in a little over a decade by protecting the big cats from poaching and habitat loss, ...
6h
on MSN
WeWork's India franchisee files for Mumbai IPO
The Indian franchisee of U.S. shared office space manager WeWork has filed for an initial public offering in Mumbai, draft ...
2d
on MSN
'Key lessons' for conservation as India's tiger population doubles in a decade
In just over a decade, India has doubled its tiger population to more than 3,600, accounting for 75% of the world's tigers.
2d
on MSN
Sacred strokes of color on foreheads are a major display of Hinduism at India’s Maha Kumbh festival
A vermilion dot on the forehead is one of India’s most widely accepted Hindu cultural insignias. At the Maha Kumbh festival, ...
1d
India axes import tax on some smartphone parts in boost to Apple, Xiaomi
India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman ...
LIVE
4h
England set to bowl first against India in fifth & final T20
India captain Suryakumar Yadav: "We wanted to bat first. It looks a good wicket and there's a bit of breeze around so we're hoping there isn't any dew. "I just saw when we came, there's a lot of guys ...
1d
on MSN
Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle ...
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