(Reporting by Nandan Mandayam in Bengaluru)
Walmart gets $1 billion tax bill for shifting PhonePe HQ to India - Bloomberg News
BENGALURU (Reuters) - Walmart and other shareholders of digital payments app PhonePe will have to pay tax worth around $1 billion after the fintech firm shifted its headquarters to India from Singapore last year, Bloomberg News reported on Wednesday, citing people familiar with the matter.
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