In the case of Xiaomi, the ED is probing alleged foreign remittances of more than ₹1,000 crore, said people in the know. These remittances include transfers by the company - in the nature of royalty - to and on behalf of its group companies based abroad.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/qn2sA6u
Wednesday, April 13, 2022
ED summons execs of Xiaomi, OnePlus over 'forex violations'
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