Tuesday, August 16, 2022
HomeShare MarketUber faced intense scrutiny in India

Uber faced intense scrutiny in India


BENGALURU: The Uber Files’ expose by the International Consortium of Investigative Journalists (ICIJ) suggests that Uber came under intense scrutiny from the RBI, Central Consumer Protection Authority (CCPA), and Indian tax authorities.
The very year it launched in India (2014), the ridehailing company was served with a service tax notice in Mumbai. Axel Martinez, then VP and treasurer of Uber, is said to have written to the firm’s brass, “Authorities want Uber to open their books, otherwise, we are facilitating fraud. They have summoned RG (Ryan Graves, then senior VP, global operations, at Uber) & TK (then CEO Travis Kalanick). Penalties and warrants for arrest are next. ” The note went on to say, “Negotiate with the tax authority the ability to collect and remit payments on behalf of our drivers, while limiting our liability. ”
The ICIJ files also showed that in 2014, an email sent from Manash K Neog of Chase India, a Delhi-based public policy and advocacy advisory firm, to Mark Fielding, consultant with FIPRA, a Brussels-based firm that advises Uber on policy, said, “We can offer Uber to deal with RBI and other related regulatory bodies here. This issue can get bigger from here for Uber. ”
Last year, the Director General of Goods and Services Tax Intelligence investigated Uber India and claimed tax liability outstanding of Rs 800 crore. The CCPA has served notice on Uber for arange of deficiencies.




Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

%d bloggers like this: