Aviva's India arm hit with $7.5 million fine for fake invoice scheme, order shows
Indian authorities have ordered British insurer Aviva's local unit to pay $7.5 million in back taxes and penalties after an ...
Aviva India faces $7.5m penalty over fake invoices
Aviva India disbursed around $26m (Rs2.26bn) to vendors, allegedly for marketing services between 2017 and 2023.
Cops suspect Falcon raised fake invoices, peg scam at 850 crore
Hyderabad: Five days into probing the Falcon Invoice Discounting (FID) fraud, where the company defaulted on payment worth ...
The Financial Express2d
Aviva India faces $7.5 million fine over fake invoice scheme
By using fake invoices and cash payments, Aviva incorrectly claimed tax credits and evaded $5.2 million in taxes.
Businessworld2d
Aviva India Faces $7.5 Mn Tax Demand Over Fake Invoices
Indian authorities have ordered British insurer Aviva’s local unit to pay USD 7.5 million in back taxes and penalties, after ...
Bogus companies, fake invoices: ₹1,196 crore GST fraud unearthed by DGGI Pune Zonal Unit; check details
The Pune Zonal Unit of DGGI has uncovered a GST evasion scheme involving ₹1,196 crore, arresting one individual. A network of ...
Khaleej Times on MSN2d
Aviva's India arm hit with $7.5m fine for fake invoice scheme
Indian authorities have ordered insurer Aviva's local unit to pay $7.5m in back taxes and penalties after an investigation ...
Aviva India hit with $7.5 million fine for fake invoice scheme, order shows
The tax demand is significant for Aviva's India business, which recorded a profit after tax of only $10 million in the ...
Business Times3d
Aviva’s India arm hit with US$7.5m fine for fake invoice scheme
Indian authorities have ordered British insurer Aviva’s local unit to pay US$7.5 million in back taxes and penalties after an ...
Indiatimes2d
Cops suspect Falcon raised fake invoices, peg scam at 850 crore
police have found that the invoices cited to raise funds were allegedly fake. While the accused floated deals on their app, police investigation has found that most were fake and the accused ...
Aviva India hit with $7.5 million fine for fake invoice scheme, shows order
The tax demand is significant for Aviva's India business, which recorded a profit after tax of only $10 million in the ...