MG Motors office is conducting income tax audits and Chinese companies

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Income Tax Raid on MG Motors: The Income Tax Department raided MG Motors India, a leading British car manufacturer. The IT department conducted a search in connection with Chinese companies. According to sources, raids have been conducted at the company’s Gurugram and Delhi offices. The company did not respond to ‘ query.

Let us tell you that MG Motors entered India in 2019. He launched his first model MG Hector in India. After that the company introduced several models. These include MG ZS EV, MG Gloster, MG Astor.

Morris Garages (MG) was originally a UK company but is now owned by China’s SAIC. MG Motor India has an advanced manufacturing facility at Halol in Gujarat that produces 80,000 vehicles per year. It employs around 2,500 employees.

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