Page-9 of Finland Current Affairs, GK & News

Nokia slapped by IT dept with a Rs 2000 crore notice for alleged tax violation

Income Tax department slapped a Rs 2,000 crore notice on Finnish mobile firm Nokia for an alleged tax violation. On January 8, 2013, IT department had carried a survey operation at Nokia’s Sriperumpudur factory and held that it had found clear defaults in TDS deductions on royalty payments made by the plant to its parent company.

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Finland inaugurates World’s largest biogas plant

The world’s largest biogas plant was inaugurated on Finland’s western coast as the country seeks to cut its use of foreign coal. About the plant: 140 MW biomass gasification factory built near an existing coal-fired power plant and is expected to cut coal use by up to 40%. For fuel it uses wood residue from ..

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Nokia to sell its Finland head office building

Nokia will sell its headquarter building in Espoo, Finland for $222 million as part of a drive to sell assets. Finnish real estate company Exilion will buy the building located by Baltic Sea. Nokia will lease it back on a "long-term basis". The company is also in trouble as it recently recorded its sixth consecutive ..

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Agreement signed b/w India & Finland to boost cooperation on social security

India and Finland inked pact in New Delhi to boost bilateral cooperation on social security. Subsequent to the agreement: No social security contribution will be paid by detached Indian nationals working on a short term contract up to 5 years in Finland, provided they continue to make payment in India and the benefit will be ..

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