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Vivo illegally transferred 62,000 crore to China to avoid paying taxes in India

JackSeal

By JackSeal
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JackSeal

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To transfer 100 USD from my company bank account, for an international  purchase, I need to submit an application, a quotation from the foreign vendor and my company's IEC code.

Vivo transferred INR 65,000,00,00,000 to China and the ED is jumping up and down as if it has discovered something momentous!

Just tracking down Vivo's contributions to the PMcares fund, sponsorship fee for Jay Shah's cricket matches and where their CSR goes, should give us an idea of how this works...

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