How do Pharma Companies evade Tax ? Shared by Anon Establishing Companies/Units in Sikkim is cheapest way for Pharma Companies to earn big profits. As per known source, the factories in Sikkim are just Elephants outside teeth of these companies but in reality using production label of Sikkim manufacturing takes place in other states. Just 5%-10% manufacturing takes place in Sikkim and rest 90% takes place in other state units, but label will be Manufactured in Sikkim. Similar happen in case of Liquors. With gross profit of more than 200 crores each units are enjoying a big picnic. Multiplied by n-numbers of such units established in Sikkim , the figures goes up to 10,000 Crore annual profits of all units!!! Ab Janta Ka Khul Gaya Dimaag Ka Taala ?
Posted on: Sun, 08 Jun 2014 14:24:38 +0000
Trending Topics
Recently Viewed Topics
© 2015