louis vuitton | Pixr8 News

Luxury Brands Louis Vuitton and Harley Davidson and several other prominent players in the business industry have fallen under tax radar for taking cash above Rs. 2 lakh in clear violation of a new income tax law introduced in this year's budget. Earlier this year between January and March, The Directorate of Intelligence and Criminal Investigation, Department of Income Tax had run a special project to nail these companies. Moreover, a survey has also revealed that Harley Davidson in Guwahati, Venkys in Pune, a Louis Vuitton dealer, a Gucci dealer, 5-star hospitals in Mumbai, Delhi, Chennai, Lucknow and Indore were accepting cash of more than Rs.2 lakh. According to sources involved with the survey, a total of 1705 cases were found to be violating Section 269ST of the Income Tax A...

China plans to crack down on the sale of fake goods online by using cloud computing, big data and tighter rules on user identity in its latest moves to quash counterfeiting. China has been trying to reign in its counterfeiters, who have copied everything from Apple iPhones to Louis Vuitton handbags, since it joined the World Trade Organization in 2001 and was required to adhere to global standards on intellectual property rights. The country plans to eradicate intellectual property rights infringement on the internet within 3 years, it said in a posting by China's cabinet on its official website on Saturday. China will promote the use of a "real-name system" on the internet and electronic tags to make it easier to track goods and the identities of offenders, the statement said. ...

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Luxury brands Harley Davidson, Louis Vuitton under IT Scan

China to go after online retail sales in fight against fakes