Nokia Factory Raided in Chennai by Tax Officials - Only for techies

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Tuesday, January 8, 2013

Nokia Factory Raided in Chennai by Tax Officials


Report claims of Rs 3000 Crore ($540 million) as unpaid taxes.


Just days before the launch of Nokia's flagship Windows Phone devices, the operational facility at Sriperumbudur near Chennai has been raided by Income Tax officials. Reports claim that around 20 officials raided the plant this afternoon on ground of unpaid taxes of Rs 3000 Crore (about $540 million) by the Finnish manufacturer. It was also confirmed by Nokia spokesperson.
Nokia has provided an update to TheNextWeb stating that "Nokia is fully cooperating to ensure they get the necessary information to help in their enquiry" and that the operations are "continuing unaffected".  The company has its roots in India since 1995.

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