India freezes TikTok parent ByteDance's bank accounts in fresh blow
Shortpedia
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Indian authorities have frozen the bank accounts of TikTok owner ByteDance on grounds of alleged tax evasion by the Chinese firm. ByteDance India is likely to take the matter to the Mumbai High Court, arguing that the decision is an abuse of the legal process and would make it hard to pay salaries and taxes, Reuters reported, citing sources. Bank freeze likely linked to alleged tax evasion.
