Vodafone Three Hundred Million Pounds Office No Staff
To take advantage of tax benefits, Vodafone, had an office in Ireland with a turn over of 324 Millions Pound Sterling per annum.
The catch is this office had no staff between the years 2002 and 2007.
I used to wonder at the rate the Mobile companies are reducing the service charges in India.
Initially the companies were charging Rs.10 per SMS, it came down to 5, then 1 and now most of the service providers provide it Free, depending on the Plan(!)
I came to know that the charges per SMS is Paise one (charged by the BSNL) , the gateway provider in India, to these service providers.
Now even call rates have come down.
Still these mobile companies make a killing.
Now this story!
Not content with fleecing customers thus, they are fleecing the general Public who are not their customers at all, by enjoying tax benefits not meant for them
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