Techworm

-
Samsung Galaxy S25 series is expected to make its debut early next year. Rumour mills hint towards major changes coming to Samsung's flagship smartphone lineup in terms of hardware. The latest leak comes courtesy of a tipster who has shared images of the alleged cases of the Galaxy S25 series. The images suggest a shift in the design strategy of the purported top-of-t... from Gadgets 360 https://ift.tt/y8UWjcI
Post a Comment

‘Oppo, Vivo and Xiaomi committed tax evasion of around Rs 9,000 cr’: Rajeev Chandrasekhar in Parliament

-

Chinese smartphone manufacturers, namely Oppo Mobile, Vivo India, and Xiaomi Technology, have been caught avoiding tax payments amounting to Rs 9,000 crore in India, according to information presented in the Parliament. The data, provided by Minister Rajeev Chandrasekhar, the Minister of State for Electronics and IT, revealed that this tax evasion involved customs duty and GST and was detected between the years 2018-19 and 2022-23.

During this period, the government successfully recovered Rs 1,629.87 crore from these companies. The specific tax evasion amounts were as follows:

  • Oppo Mobile India Pvt Ltd evaded Rs 5,086 crore, comprising Rs 4,403 crore in customs duty and Rs 683 crore in GST.
  • Vivo evaded Rs 2,923.25 crore, including Rs 2,875 crore in customs duty and Rs 48.25 crore in GST.
  • Xiaomi Technology India Pvt Ltd’s evasion amounted to Rs 851.14 crore, with Rs 682.51 crore in customs duty and Rs 168.63 crore in GST.

In 2019-20, customs duty evasion of Rs 4,389 crore was detected in the case of Oppo Mobile India Pvt Ltd, of which Rs 450 crore has been recovered. In the same period, Vivo India Mobile Pvt Ltd evaded customs duty of Rs 2,217 crore, with Rs 72 crore recovered in 2020-21. Xiaomi Technology India Pvt Ltd evaded custom duty of Rs 653.02 crore, of which Rs 46 lakh has been recovered. In 2022-23, Vivo Mobile India Pvt Ltd was found to be evading Rs 658 crore, while Lenovo evaded Rs 42.36 crore in GST.

As per official data, the government has managed to recover Rs 1,214.83 crore from Oppo, Rs 168.25 crore from Vivo, and Rs 92.8 crore from Xiaomi.

The minister responded to a question about the number of Chinese handset companies involved in tax evasion and illegal remittances in India.

Chandrasekhar stated that the cumulative turnover of Chinese mobile handset companies in India for the year 2021-22 was estimated to be Rs 1.5 lakh crore, generating more than 75,000 direct employment opportunities in their manufacturing operations, along with around 80,000 sales and operational workforce.

He also said that primarily, these Chinese companies have set up their own manufacturing units.

“However, they work with contract manufacturers like Bharat FIH Limited and DBG Technology (India) Private Limited also which have also set up Electronics Manufacturing Services (EMS) operations in India. The distribution of mobile handsets is mainly handled by Indian companies.

“However, some of the Chinese companies like Oppo and Vivo have some Chinese distributors also,” Chandrasekhar said.



from Firstpost Tech Latest News https://ift.tt/x3QbOz4

Comments

Post a Comment

Popular posts from this blog

Best phones under Rs 15,000 (Jan 2024): Poco X5 5G, Motorola G54 5G to Realme Narzo 60X 5G

-
Image
In a budget of Rs 15,000, one starts to see smartphones with features like AMOLED displays, 120Hz refresh rate and the arrival of 5G. In addition to that the processors start to get more powerful and the storage more generous. Just like last quarter, all the phones in this list are 5G-ready, and courtesy of the Republic Day sales, we also have a couple of options with 256GB internal storage. Time to look at who made it to our list of phones under Rs 15,000 this month. Best phones to buy under Rs 15,000 in India Poco X5 5G The Poco X5 5G remains a great all-round option under 15K, thanks to its well-rounded feature set, and you now get its 256GB storage variant in this budget. This phone is powered by a Qualcomm Snapdragon 695 chip and you get 8GB RAM with it. This phone flaunts a 6.67-inch Full HD+ Super AMOLED display with a peak brightness of 1200 nits and 120Hz refresh rate; a rare combination in this budget. The screen is protected against scratches by a layer of Corning Gorilla
Read more

Racial slurs on Twitter increased by 500 per cent after Elon Musk took over, platform blames trolling campaign

-
Image
Elon Musk finally took control of Twitter last week after buying it for a record $44 billion, one of the highest amounts anyone has ever paid in a tech acquisition. When Elon made the original offer to buy Twitter, Musk said that he is a free-speech absolutist . Musk and his fans had positioned him as an entity that would safeguard free speech at all costs. Well, it turns out, people really put that theory to the test. As per a report by The Washington Post, the use of certain derogatory epithets for African-Americans, Jews, and East Asians increased by up to 500 per cent on the platform, once news broke of Elon Musk taking over Twitter and firing most of its executive command, including CEO Parag Agarwal . The Network Contagion Research Institute (NCRI), a research group based out of Princeton, that analyzes social media content to predict emerging threats, said that the use of the N-word on Twitter increased by nearly 500 per cent in the 12 hours immediately after Musk’s deal was
Read more

Apple pays Russia a fine of $13.7 million, imposed for abusing its dominant position on the App Store

-
Apple has settled a Russian fine of 1.2 billion roubles ($13.65 million), according to Russia’s FAS antitrust agency. The fine was imposed due to allegations of Apple abusing its dominant market position in relation to in-app payments, as per a report by Reuters. Apple had previously expressed a “respectful disagreement” with the FAS ruling, contending that the distribution of apps through its iOS operating system did not unfairly favour its products. Russia’s anti-monopoly watchdog, FAS, announced on Monday that it received the payment following a November ruling. The ruling found Apple guilty of preventing app developers from informing customers that they could make purchases outside of the App Store. The payment will contribute directly to the Russian budget, supporting the government’s financial needs amid increased defense spending related to the conflict in Ukraine. This dispute between Apple and Russia’s competition regulator predates the invasion of Ukraine in February 2022
Read more