ET View: A bold move to bury the retro tax ghostThe Bill, introduced in the Lok Sabha, nullifies the tax demand on the indirect transfer of Indian assets on transactions prior to 28 May 2...
05 Aug, 2021, 09.18 PM IST
Is govt waiting for Cairn arbitration award to decide on Vodafone appeal?Sources with knowledge of the development said in case the arbitration panel upholds Indian government's tax demand against Cairn, it would...
23 Nov, 2020, 04.39 PM IST
Cairn Energy seeks $1.4 billion from government in losses from retro tax demand"The main evidentiary hearing of Cairn's claim under the (UK-India Bilateral Investment) Treaty took place in August 2018 in The Hague with...
29 Sep, 2020, 03.16 PM IST
Retrospective taxation justified, even US, UK, Netherlands have done it, says governmentIndia has applied retrospective taxation against Cairn Energy PLC, raising a demand of more than Rs 10,000 crore for capital gains on the U...
25 Dec, 2018, 11.22 AM IST
Income Tax Dept sells more shares of Cairn Energy to recover retro taxThe Income Tax Department sold 1 per cent stake in Cairn Energylast month.
11 Sep, 2018, 07.09 PM IST
I-T department sells part of Cairn shares to recover retro taxThe firm said it has now been notified by the IITD that it has sold part of its shareholding in VL, realising and seizing proceeds of USD 2...
09 Jul, 2018, 12.51 PM IST
Cairn tax dispute: I-T dept confiscates dividend, refundThe department ordered taking away $104 million dividend due to it from its remaining stake in the erstwhile subsidiary Cairn India.
20 Jun, 2017, 12.36 AM IST
Cairn seeks repeal of retro tax law in upcoming budgetCairn Energy would like the Government of India to take the opportunity to repeal the legislation on retrospective taxation in the forthcom...
25 Jan, 2017, 03.53 PM IST
India gets 6 more weeks to respond to Cairn Energy arbitrationCairn had in June field a 160-page Statement of Claim before a three-member international arbitration panel seeking quashing of the retrosp...
20 Nov, 2016, 02.26 PM IST
Cairn writes to PM Modi on tax dispute ahead of UK PM's visitIn fact, only a draft assessment order was issued in January 2014 during the UPA rule and a final tax demand was raised by the present gove...
06 Nov, 2016, 04.14 PM IST
Cairn initiates arbitration to seek compensation from IndiaCairn said it is pursuing its rights under Indian law to appeal the assessment, both in respect of the basis of taxation and the quantum as...
16 Aug, 2016, 06.52 PM IST
Cairn India, Vedanta merger only after tax liability settled: GovernmentVedanta had in 2011 acquired Cairn India from its British promoters, and last year proposed to merge the cash-rich firm with BSE-listed Ved...
11 Apr, 2016, 04.33 PM IST
Cairn asks government to walk the talk on retro taxBritish oil explorer Cairn Energy today said international investors want the Modi government to walk the talk on resolving retrospective t...
03 Apr, 2016, 01.40 PM IST
British MP Ian Murray nudges Arun Jaitley on Cairn Energy tax disputeAhead of Jaitley's UK visit, a British MP has written to him seeking early resolution of the Rs 10,247 crore retrospective tax dispute with...
09 Jan, 2016, 02.50 PM IST
Cairn writes to PM Narendra Modi on 10,247 crore retrospective tax caseSimon Thomson recalled PM 's statement in London that the government 'will not resort to retrospective taxation and has demonstrated this p...
20 Dec, 2015, 11.22 AM IST
India needs to repudiate retrospective tax laws: Fund managerIndia needs to repudiate retrospective tax laws to get the much-needed foreign investments for achieving double digit growth rate, said a $...
25 Sep, 2015, 07.27 PM IST
Cairn tax case: UK asks India to provide stable business climateConcerned over the Rs 10,247 crore tax notice slapped on Cairn Energy by Indian authorities, UK today asked India to provide "predictable, ...
12 Mar, 2015, 07.20 PM IST