India’s Shree Cement slumps after report of $2.81 billion tax evasion – ET Infra

[ad_1] BENGALURU: India’s Shree Cement fell on Monday, after NDTV reported on Saturday that tax evasion amounting to 230 billion rupees ($2.81 billion) was found in searches at multiple company locations. Deductions claimed by Shree Cement are false and the company siphoned 12 billion rupees to 14 billion rupees every year, the report added, citing […]

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