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India serves notice to Pakistan seeking review of Indus Water Treaty

India's notification highlights fundamental and unforeseen changes in circumstances that requi…

PTI   


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Waaqif with the Waqf Act? Here's all you need to know

The act will be renamed​​ ​​​​Unified Waqf Management, Empowerment, Efficiency and Development Act,…

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Indian government denies reports on PSBs withdrawing funds from abroad due to the Cairn dispute, and is strongly defending its stand in the dispute

The Indian government has denied reports that it has asked state-owned banks to withdraw funds from…

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Indian government brings in a bill to bury the infamous retrospective tax that haunted Cairn and Vodafone for nearly a decade

In a bid to bury the ghost of retrospective taxation, the government on Thursday brought a bill in …

PTI   


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Vedanta ran covert lobbying campaign to weaken environmental laws: OCCRP

Mining and oil giant Vedanta ran a covert lobbying campaign to weaken key environmental regulations…

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Cairn has reportedly seized Indian government assets in France worth over $23 million

Cairn Energy has made its first successful attempt at freezing Indian state-owned assets in its ong…

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5 mins read

UK's Cairn Energy identifies $70 billion Indian assets for seizing to recover amount due from government

These assets are across several jurisdictions, they said without giving further details. …

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Cairn Energy CEO meets Indian finance secretary as shareholders impatiently wait for action on the $1.4 billion tax dispute

Days after filing cases in the US, the UK and the Netherlands courts to get $1.4 billion in a tax d…

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New York court pauses tax suit to allow Cairn to settle dispute with India

The New York district court delayed the tax suit to November 18, according to court documents re…

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Cairn says it has identified Indian assets for seizing should it be not paid

The firm has moved courts in nine countries to get the arbitral award registered and recognised.…

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Indian government appeals against tribunal ruling of $1.4 billion Cairn arbitration award

The appeal was filed on Monday, a source with knowledge of the matter said. The appeal agai…

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Cairn accepts India's $1 billion refund offer, says will drop all cases against the government

The offer to return money seized to enforce retrospective tax demand in lieu of dropping all l…

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Taxation and industry experts cheer the potential withdrawal of retrospective tax

The government of India has decided to withdraw the controversial retrospective tax, which was firs…

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Proposed amendments to insurance laws may lead to disputes in health claims, misappropriation: Unions

The Unions also said the proposed amendments does not define the term liability which may lead t…

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Vodafone wins $2 billion tax dispute case against the Indian government

Vodafone Group Plc has won the $2 billion tax dispute case against the Indian government. The case …

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3 mins read

Indian government asks a US court to dismiss Cairn Energy's plea on $1.2 billion award, cites 'sovereign immunity'

Cairn had in May asked a US federal court to force Air India to pay a USD 1.26 billion arbitrati…

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Indian government bans 47 more Chinese mobile apps

The list of the concerned mobile applications will be published soon. An official source tol…

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Cairn Energy in wait and watch mode even after the bill to kill retro tax is tabled in the Parliament

Cairn Energy is not making any notable statements and has instead chosen to wait and watch how the …

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Government allows soldiers to use firearms across LAC in extraordinary situations

Sources said that Indian soldiers did not use weapons when the PLA troops attacked them. They …

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4 mins read

India will have to pay Cairn $1.2 billion ending one of the biggest tax disputes of the decade⁠— but the tax department may not have given up yet

At the start of the decade, the Indian government had a claim of ₹24,500 crore (over $2 billion at …