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3 mins read
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…
2 mins read
A brief history of India’s retrospective tax law that would finally be upturned for good
On Thursday, August 5, the Indian government proposed to withdraw all tax demands under the retrosp…
4 mins read
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
2 mins read
OPINION: Retrospective tax — Putting an end to a long-standing controversy
The retrospective amendments attracted a lot of attention, both when they were first introduced in …
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 …
3 mins read
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.…
PTI
1 min read
I-T Dept passes order to recover retrospective tax from Cairn Energy
However, the company has added that it will continue with the international arbitra…
1 min read
Foreign portfolio investors are worried about government’s clarification on investments. Here’s why
The government stated if the shares of an Indian company held by a fund constitute more than 50% of…
1 min read
Retrospective tax continues to give government sleepless nights as major investors might feel threatened by ongoing Vodafone tax dispute
The controversial retrospective tax provision has come back to worry the Indian government. After a…
1 min read
Cairn Energy slapped with Rs 29, 000 crore retrospective tax
I-T Department alleges that Cairn Energy made a capital gain of Rs 24,503.50 crore in 2006 when it …
2 mins read
Warren Buffett's business partner defends his virtually windowless mega-dorm - and rails against a planned tax on stock buybacks
Charlie Munger slammed SPACs, delivered an inflation warning, and suggested the US government may h…
Theron Mohamed
1 min read
MNCs who complain about Indian tax structure, here’s what RBI’s Rajan has to say to you
"We have to create tens of millions.. crores of jobs every year. We need to create those jobs becau…
1 min read
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 …
2 mins read
4 mins read
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…
PTI
2 mins read
Amazon, Flipkart, Microsoft to pay 2% extra tax now
The Confederation of All India Traders (CAIT) has welcomed the Budget proposal to impose 2 per cent…
4 mins read
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…
PTI
2 mins read
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 …
4 mins read
Cairn expects arbitration award in retro tax case by this summer
"Interest is currently being charged on the principal at a rate of 12 per cent per annum from Febr…
PTI
2 mins read
Vodafone has to wrap up ₹22,100 crore tax case before it can think of liquidating India business
The world’s largest telecom company Vodafone is on its backfoot in the world’s largest telecom mark…