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Chennai plant may shut down if tax issue unresolved: Nokia.

Source :
Telecom Industry Snapshot; 2/16/2014, p8-9, 2p
Publication Year :
2014

Abstract

The article discusses the warning issued by the Finnish telecommunication firm Nokia about prospects for shut down of factory in Chennai, India unless a 21,153 crore rupees tax issue is resolved. Topics discussed include meeting of Nokia's Chairman Risto Siilasmaa with Indian Commerce Minister Anand Sharma and tax authorities, acquisition of Nokia's Chennai plant by software maker Microsoft and notice issued by the Income Tax Department against Nokia's subsidiary for violating tax regulations.

Subjects

Subjects :
TELECOMMUNICATION mergers
TAX laws

Details

Language :
English
Database :
Complementary Index
Journal :
Telecom Industry Snapshot
Publication Type :
News
Accession number :
99616913