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Truecaller
The Income-Tax Department Thursday carried out searches at offices of global caller ID platform Truecaller on charges of tax evasion, official sources said. The Stockholm-headquartered company said it was cooperating with the investigators. Tax officials said the searches were aimed to gather detailed information and check documents in connection with certain charges of tax evasion including those pertaining to transfer pricing (TP) issues. According to the company's website, Truecaller has offices in Bengaluru, Mumbai and Gurugram in India. The company said in a public statement that "On Thursday 7 November 2024, Truecaller's India offices were visited by Indian Tax officials." "Truecaller are currently assisting the authorities to the full extent at our offices. This came without prior notice and Truecaller are currently awaiting official confirmation and communication from the tax departments," it said. This is not an uncommon practice and Truecaller will cooperate fully with
Caller identification app Truecaller on Thursday said it has collaborated with general insurance company HDFC ERGO for an offering that aims to safeguard subscribers against digital communication frauds in India. Truecaller in a release said that amid rising cases of cyber fraud, the insurance offering underscores its commitment to combating fraud and ensuring user protection through advanced app features - before, during and after mobile communication. A recent report by the Indian Cyber Crime Coordination Centre revealed that digital financial frauds accounted for a staggering Rs 1.25 lakh crore over the last three years, the release noted. Announcing the collaboration with HDFC ERGO to offer this insurance for its subscribers, the release said the product will provide coverage up to Rs 10,000 to Android and iOS users across India. "The product is available to yearly premium subscribers of Truecaller and all existing customers can avail this protection for free under their existi
The Competition Commission of India has dismissed a complaint against Google India alleging the tech giant abused its dominant position to favour Truecaller in the market for caller ID and spam protection apps, as it found no evidence of violation of competition law. While dismissing the complaint, the fair trade regulator said, "The Commission finds that no prima facie case of contravention of the provisions of Section 4 of the Act is made out against Google in the instant matter". Section 4 of the Competition Act, deals with the abuse of dominant position. The ruling came on a complaint filed by Rachna Khaira (informant) accusing Google of granting exclusive access to Truecaller to share private contact information while prohibiting other apps from doing the same. Further, she alleged that this practice has distorted the market and created a monopoly for Truecaller. The informant also alleged that Google's developer policy prohibits unauthorised disclosure of non-public contacts
Swedish caller identification app Truecaller on Monday announced the launch of AI-powered call recording feature in India that offers transcription and call summary. AI call recording is a paid feature, and will be available with a Truecaller Premium subscription, the company said, adding that it works seamlessly across both Android and iOS devices. The new addition provides users with the ability to record incoming and outgoing calls directly within the Truecaller app. This offers a convenient and efficient way to capture and manage important conversations. Announcing the launch of AI-enabled call recording feature, a company release said that by leveraging Artificial Intelligence technology, Truecaller empowers users to fully engage in their live conversation without the need to be concerned about taking detailed notes, thus improving productivity during calls. "The integration of AI into the newly launched call recording feature marks a significant leap forward, allowing for a .