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Hinduja Group arm HGS charged with Rs 2,500 cr tax evasion

By Economic Times - 2 months ago
The Income Tax Department has accused Hinduja Global Solutions (HGS) of tax evasion amounting to approximately ₹2,500 crore. An internal report, based on a nine-month investigation, claims HGS engaged in tax avoidance by merging with a loss-making entity after selling its profitable healthcare business.

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