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ByteDance Claims Reprieve in India Tax Dispute


ByteDance Claims Reprieve in India Tax Dispute
TikTok owner
ByteDance Ltd. said on Wednesday an Indian court’s decision will “unblock” its money in the country as it awaits the outcome of a tax evasion probe, following its argument that such a freeze was hurting its ability to operate locally.
The company’s interpretation of the decision by the Mumbai High Court contrasted with a government source cited by Reuters, which believed ByteDance would still be banned from using the funds for other purposes until the money is deposited into a state-owned bank.
The Chinese short-video operator had previously been ordered to deposit $11 million into a state bank, two months after its popular TikTok app was permanently banned in the country. ....

Yang Ge , Anniek Bao , Jitenda Mishra , Honorable High Court , Bytedance Ltd , Mumbai High Court , யாங் கே , ஜித்தெந்ட மிஸ்ரா , சிட்டி வங்கி , கெளரவமான உயர் நீதிமன்றம் , மும்பை உயர் நீதிமன்றம் ,

Man Infraconstruction Limited to get approx. Rs. 380 crores arbitral award


Man Infraconstruction Limited to get approx. Rs. 380 crores arbitral award
Posted On:
2021-03-09 01:58:21
(Time Zone: Arizona, USA)
Further to Man Infraconstruction Limited s earlier announcement with respect to an Award of Hon ble Arbitrator in favour of Manaj Tollway Private Limited (MTPL); a subsidiary of of the company; in connection with the Project being four laning to HadapsarSaswad- Belsarphata SH 64 Km. 9.800 to 42.860 & Belha - Pabal - Uralikanchan - ejuri - Nira SH 61 Km. 110.00 to 118.00 (Part Hadapsar to Jejuri M.I.D.C.), Taluka Purandar, District Pune on DBFOT basis and the review petition filed by the Government of Maharashtra, the Honorable High Court at Bombay vide its order dated March 5, 2021, has disposed-off the review petition filed by the Government of Maharashtra. Accordingly MTPL is expected to receive within 30 days, an amount of Rs. 357.79 Crores plus interest, aggregating to approx. Rs. 380 Crores. ....

United States , Taluka Purandar , Manaj Tollway Private Limited , Man Infraconstruction , Honorable High Court At Bombay , Infraconstruction Limited , Time Zone , Man Infraconstruction Limited , Part Hadapsar , District Pune , Honorable High Court , Mutual Funds , New Issue , Public Issue , Rights Issue , Stock Markets , Post Office , National Savings Scheme , Kisan Vikas Patra , Public Provident Fund , Goi Senior Citizens Savings Scheme , 8 Bonds , Tax Plan , Investor Forum , ஒன்றுபட்டது மாநிலங்களில் , தாலுகா புரந்தர் ,