FirstCry founder probed for alleged $50 million India tax evasion

The department, which India’s Ministry of Finance runs, has sent notices to founder Supam Maheshwari asking why he didn’t pay more than $50 million in taxes on equity transactions conducted in privately-held FirstCry, the people said, asking not to be named as the information is not public.

from Moneycontrol Business News https://ift.tt/2QS0Z1I