Mallya&rsquo;s comments on a day when F1 boss Bernie Ecclestone confirmed that the Indian Grand Prix will be dropped for 2014 to return in the first half of 2015. <img alt="Vijay Mallya" src="http://images.mid-day.com/2013/jul/Vijay-Mallya.jpg" style="width: 500px; height: 685px;" /> Vijay Mallya F1 teams have been finding it tough to deal with India&rsquo;s strict tax policies, including the customs duties levelled on them and the drivers on each visit. Mallya said it would be a pity if tax issues jeopardise the Indian GP, which started in 2011. &ldquo;Yes there is a problem with India&rsquo;s tax authorities, but India&rsquo;s tax authorities tend to be a very difficult bunch,&rdquo; Mallya was quoted as saying by ESPN on Tuesday. &ldquo;They even launched a humongous tax claim on Vodafone and Nokia and other multi-national companies. This sort of standoff on taxes is nothing unusual. &ldquo;Their logic is that there are 19 races and one race is India, therefore 1/19th of all revenue generated in Formula One is subject to Indian tax. From a narrow-minded, Indian taxman&rsquo;s point of thinking maybe that is justifiable, but we need to sit down with them and engage with them and say, &lsquo;Listen, this is not the only country that&rsquo;s hosting an F1 race. There are other countries that have been hosting F1 races for decades and they don&rsquo;t make the same demands. So how can you,&rsquo;&rdquo; asked the businessman.u00a0

Force India team principal Vijay Mallya     feels the Indian government needs to resolve the tax issues faced by the Formula 1 teams. 

Tax issues around Indian GP must be resolved: Vijay Mallya

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Home / Sports / Other Sports / Article / Tax issues around Indian GP must be resolved: Vijay Mallya

Tax issues around Indian GP must be resolved: Vijay Mallya

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