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Wireless

Indian tax dept rejects Nokia's offer to pay INR 22.5 bln

Tuesday 3 December 2013 | 15:15 CET | News
India's Income Tax (IT) Department has told the Delhi High Court that the offer by Nokia to pay a minimum deposit of INR 22.5 billion to it, out of the company's total tax liability of nearly INR 65 billion, is not acceptable, reports PTI. Nokia India has stuck to its offer, however, and said it is for the department to decide if they are better off with the proposed amount or without it.

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Categories: Mobile & Wireless
Companies: Microsoft / Nokia
Countries: India
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