Xiaomi

ED issues show cause notice to Xiaomi for Rs 5,551 crore worth alleged illegal remittances

June 09, 2023

ED issues show cause notice to Xiaomi for Rs 5,551 crore worth alleged illegal remittances

The smartphone maker is accused of making illegal remittance to foreign entities.

December 22, 2022
I-T seizure order of Rs 3,700 crore against Xiaomi set aside under conditions

The IT Department had passed the order on grounds that the Chinese firm was remitting income abroad in the guise of paying royalty to avoid paying tax in India.
May 12, 2022
Xiaomi battles legal headaches in India

India's financial crime-fighting agency, the Enforcement Directorate, has been investigating Xiaomi since February.
May 08, 2022
Xiaomi accuses ED of 'physical violence' threats during probe

The Enforcement Directorate issued a statement saying Xiaomi's allegations were 'untrue and baseless' and company executives had deposed 'voluntarily in the most conducive environment'.
April 30, 2022
ED seizes Rs 5,551 crore deposits of smartphone giant Xiaomi India for FEMA violation

The action has been taken against Xiaomi Technology India Private Limited. The company (also called Xiaomi India) is a trader and distributor of mobile phones in the country under the brand name of MI.
December 27, 2021
Chinese business bodies ask India to stop tax probes

The statement came as the Indian tax authorities recently launched a large-scale investigation on Chinese-run companies in India.
September 13, 2021
Xiaomi drops 'Mi' branding after over a decade

With the new brand identity introduction, there will be two distinct product series under the parent corporate brand. The corporate brand will continue to be represented by the "Mi" logo.

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