Companies are violating FDI rules: Praveen Khandelwal

Praveen Khandelwal: Such companies are openly violating FDI rules. How these companies are giving discounts, while they are in loss for years? Someone is investing in these company and this game is not of discount but to increase the value of the company and sell it later. When the East India Company came, it would have done the same

With the Organisation of Economic Co-operation and Development (OECD) proposing an overhaul in the taxation system for digital companies, cyber experts on Thursday urged the Indian government to speed up necessary changes in domestic laws on internet taxation so that tech giants like Google, Facebook and Amazon can be asked to shell out taxes they have been evading for years.