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Indian Tax Authorities Search Premises Of Chinese Telecoms Equipment Maker Huawei
Posted
February 18, 2022
Views
81
February 18, 2022
81
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3:13Now PlayingChinese telecoms equipment maker Huawei Technologies (HWT.UL) are being searched thoroughly by the Indian income tax authorities. The premises of the company in New Delhi became a part of the tax investigation. The searches were also conducted at Huawei's office premises in neighbouring Gurugram and tech hub Bengaluru on Tuesday. The development comes a day after government sources told Reuters that India had blocked access to 54 mobile apps, mainly Chinese, over security concerns. Officials from the income tax department looked at Huawei's financial documents, account books and company records, Indian businesses and overseas transactions. Some records were also seized, the report added. Watch!
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