• <a fr-original-style="" href="https://www.reuters.com/world/india/exclusive-india-tax-authority-froze-478-million-xiaomi-funds-february-sources-2022-05-12/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">The Indian tax authority</a> froze $478 million worth of assets belonging to Xiaomi in February on accusations of income tax evasion by the tech giant, Reuters reported.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Zoom out: The legal altercation is the second Xiaomi faces in India alongside the block on $725 million worth of assets for alleged illegal foreign remittances.</li></ul>

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