The tipping point: What spurred India's reversal of retro taxThe Lok Sabha has passed the Taxation Laws (Amendment) Bill, which proposes to scrap the retrospective application of the 2012 amendment to...
24 Aug, 2021, 01.22 PM IST
Retro tax: Cairn Energy executives to meet finance ministry officials soonSenior Cairn Energy executives are expected to meet finance ministry officials this week to discuss their tax dispute, days after Parliamen...
24 Aug, 2021, 01.21 PM IST
Sale of Cairn shares by govt a bad decision? Legal experts weigh inOnce the December 2020 ruling of the international tribunal on the arbitration initiated by Cairn came overturning the levy of taxes on the...
08 Aug, 2021, 02.27 PM IST
Cairn to file lawsuits to seize foreign assets of Indian PSUsCairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Eman...
29 Mar, 2021, 09.56 AM IST
India in no mood to concede defeat in Cairn Energy tax case, to appeal against arbitration awardThe appeal against the award is likely to be in the government in the Netherlands, while India will contest its right to tax in the case fi...
20 Feb, 2021, 08.55 AM 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
India may not accept arbitration orders annulling Cairn, Vodafone tax demandsWhile Vodafone is supposed to file its response to the government objection by July, India will respond to this by December, thereafter the...
22 May, 2018, 02.34 PM IST
Final arbitration hearings on India tax demand in August: CairnIn an operational update, Cairn said the three-member international arbitration tribunal has indicated that it will expeditiously draft the...
23 Jan, 2018, 04.56 PM IST
Income Tax department to attach shares if Cairn doesn't pay Rs 10,395 crore taxThe tax department had in an unprecedented move had last month appropriated Rs 1,500 crore of tax refund due to Cairn Energy.
09 Jul, 2017, 12.54 PM IST
I-T dept lifts freeze on Cairn dividend payout,stake bar staysThe department, using the 2012 law that gives it power to impose retrospective tax, had last year made a demand of Rs 29,047 crore on Cairn...
09 Mar, 2017, 12.35 AM 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 India has indemnity from Cairn Energy on Rs 20,000 crore taxCairn India was in April 2014 slapped with a tax demand of Rs 20,495 crore for failing to deduct withholding tax on alleged capital gains m...
10 Apr, 2016, 12.46 PM IST
Laurent Levy named third arbitration in Cairn tax caseLevy was approved as the neutral arbitrator on the panel last week after appointees of Cairn and the Government agreed to his name, sources...
18 Jan, 2016, 07.20 PM IST
Government to appoint arbitrator in Rs 12,000-crore Cairn tax caseThe government has agreed to appoint an arbitrator for its Rs 12,000 crore tax dispute with Cairn Plc, which industry sees as a softening o...
01 Oct, 2015, 05.26 AM IST
Cairn Energy can seek review of draft order on tax: Finance ministry officialIndia is clear the co has no case for arbitration because bilateral treaty with UK does not cover tax disputes; government has 90 days to r...
13 Mar, 2015, 04.00 AM 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
Tax sleuths ask UK's Cairn to hold on to stake in Indian armIt said while talks were ongoing, it had been instructed by the income tax department to keep hold of its shares in Cairn India.
25 Jan, 2014, 06.22 AM IST