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The Chinese telecoms company has been accused by the Enforcement Directorate of making illicit remittances. The Indian agency described its claims of coercion as 'baseless'.
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An Indian court granted relief on the seizure, provided that Xiaomi inform Indian authorities of fund transfers such as royalty payments, a source said
Chinese tax experts cite digitalisation, mergers and acquisitions and divestures and lack of guidance from authorities as primary drivers of disputes
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