Truecaller India Workplaces Raided by Earnings Tax Division Firm Issued Assertion All Particulars

The places of work of Truecaller have been raided by the Earnings Tax Division on Thursday. At current, it isn’t recognized whether or not the raid has taken place pan India or at chosen places, however in response to the corporate’s official web site, at present the corporate’s places of work are situated in Noida, Mumbai and Bengaluru. The corporate is headquartered in Stockholm. Trucker says that she is absolutely cooperating with the Earnings Tax authorities. Truecaller at present has greater than 400 million energetic customers in India. The corporate confused that its monetary practices are clear and adjust to worldwide tax requirements.

On Thursday, information of raid in Trucker’s workplace got here. Based on the report of NDTV Revenue, the corporate says that they’re absolutely cooperating with the Earnings Tax authorities. The corporate additionally famous that it conducts common unbiased audits to make sure compliance with each Swedish and Indian legal guidelines. Truecaller says it has no energetic tax investigations in India other than common audits.

In an announcement associated to the incident, the corporate stated (translated) “Truecaller is at present absolutely helping the authorities at our places of work. This isn’t an uncommon observe and Truecaller will cooperate absolutely with the related authorities.”

The Stockholm-based firm operates a smartphone utility, which has options like caller ID, name blocking, flash messaging, name recording, chat. Truecaller at present has greater than 40 crore energetic customers in India.

Final Wednesday, the Swedish agency had introduced the appointment of Rishit Jhunjhunwala, the corporate’s product chief and head of its Indian enterprise, as chief government officer. He’ll start assuming the place on January 9 after co-founder Alan Mamedi steps down.