Monthly Archives: January 2022

Evasion of Customs duty of Rs. 653 crore by M/s Xiaomi Technology India Private Limited

By | January 5, 2022

Ministry of Finance Evasion of Customs duty of Rs. 653 crore by M/s Xiaomi Technology India Private Limited Posted On: 05 JAN 2022 4:13PM Based upon an intelligence that M/s Xiaomi Technology India Private Limited (Xiaomi India) was evading customs duty by way of undervaluation, an investigation was initiated by the Directorate of Revenue Intelligence… Read More »

RBI limits Rs 2000 for Offilne Transactions

By | January 3, 2022

Date : Jan 03, 2022 RBI releases Framework for Facilitating Small Value Digital Payments in Offline Mode The Reserve Bank has today placed on its website the ‘Framework for facilitating small value digital payments in offline mode’. The framework incorporates the feedback received from the pilot experiments on offline transactions conducted in different parts of the… Read More »

Category: RBI