Walmart details tax deducted from each Flipkart investor
Walmart has submitted details to the IT authorities of tax deducted on payments made to each Flipkart investor. Earlier, Walmart paid â¹7,439 crore tax on payments to buy out 10 major Flipkart shareholders, but had not done so for the remaining 34 who also exited the e-commerce company. Flipkart shareholders including SoftBank, Naspers and eBay, sold their holdings to Walmart.