Vivo India Archives

Proceeds of Crime acquired were siphoned off by Vivo India to overseas trading companies many of which are in control of Vivo China, says ED

Money Laundering

ED probe reveals Vivo China acquired over Rs.20,000 cr proceeds of...

PGurus Newsdesk - December 26, 2023 0

Vivo China through Vivo India created an elaborate network of companies under a corporate veil: ED The Enforcement Directorate (ED) has filed a charge sheet...

ED says Vivo-India illegally transferred Rs.62,476 crore to China to avoid paying taxes in India

Money Laundering

ED files first charge sheet against Chinese smartphone maker Vivo-India and...

Team PGurus - December 7, 2023 0

Vivo-India, others charged by ED for money laundering & gaining wrongful profits The Enforcement Directorate (ED) filed its first charge sheet in connection with its...

The ED arrested the MD of Lava International, a Chinese national, a Chartered Accountant and another person as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo

Money Laundering

ED arrests four persons in money laundering case against Chinese phone...

Team PGurus - October 10, 2023 0

ED arrests Lava International MD, Chinese national, and two others in Vivo PMLA case The Enforcement Directorate (ED) on Tuesday arrested four persons including the...

Vivo India has voluntarily deposited a "sum of Rs 60 crore" towards the discharge of its differential duty liability, the Finance Ministry said

Law and Order

Directorate of Revenue Intelligence detects Customs duty evasion of Rs.2,217 crores...

Team PGurus - August 4, 2022 4

Vivo India served notice for customs duty evasion Chinese Mobile phone maker’s India subsidiary Vivo Mobile India Private Limited is caught by the Directorate of...

Vivo remitted Rs.62,476 crore principally to China to keep away from paying taxes in India, claims ED

Law and Order

Vivo remitted Rs.62,476 crore (50% of turnover) to China to avoid...

Team PGurus - July 7, 2022 1

How did Vivo India cheat? Fraud by sending 50% turnover to China The Enforcement Directorate (ED) found that the Indian arm of Chinese smartphone maker...