
CBI books Cadbury India Pvt Ltd for 'fraudulently' availing area-based tax benefits in Himachal
India Today
The FIR is an outcome of a preliminary enquiry registered by the agency, which showed that the company allegedly "paid bribes, misrepresented facts and manipulated records to fraudulently avail area-based exemption benefits.
The CBI has booked Cadbury India Private Limited (now known as Mondelez Foods Private Limited) for alleged corruption and misrepresentation of facts to fraudulently avail area-based tax benefits in Baddi, Himachal Pradesh, officials said on Wednesday. The FIR is an outcome of a preliminary enquiry registered by the agency, which showed that the company allegedly "paid bribes, misrepresented facts and manipulated records to fraudulently avail area-based exemption benefits (Central Excise and Income Tax) in Baddi, Himachal Pradesh, knowing fully well that they were not entitled to avail area-based tax exemption benefits", the Central Bureau of Investigation (CBI) said. "For availing the same, some members of the executive board of the company, along with key managers, collectively decided to manipulate records, engage intermediaries to route bribes and cover up all those evidence that had surfaced during the internal investigation," it alleged.
As per the Bill, those involved in unlawful conversions on the pretext of marriage will be punished with imprisonment of seven years and shall also be liable for a fine of Rs 1 lakh. Violations in respect of a minor, a person of unsound mind, a woman or a person belonging to the Scheduled Caste and Scheduled Tribe will be punished with imprisonment of seven years and a fine of Rs 5 lakh.

India on Monday said it has not held bilateral talks with the United States on deploying naval vessels to secure merchant shipping in the Strait of Hormuz. The clarification came after US President Donald Trump urged countries to send warships to keep the strategic waterway open amid tensions with Iran.











