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CAIRN TAX ISSUES
Cairn Energy to change name to Capricorn EnergyCairn Energy, which gave India its biggest on land oil discovery, had in 2011 sold the India unit, Cairn India to mining baron Anil Agarwal...- Damage control: Govt mulls legal changes to settle Cairn tax issuePolicymakers are worried about the wider ramifications of prolonged litigation with Cairn in multiple jurisdictions on India’s overall inve...
- Arbitration Tribunal delays award in Rs 10,247 cr Cairn retro tax case to mid-2020"The Arbitral Tribunal has indicated that whilst it is not yet able to commit to a specific award release date, it expects to be in a posit...
- India not to sell Cairn Energy shares to recover taxAn international arbitration tribunal is hearing Cairn's challenge to the government using a new law that gave it powers to impose tax retr...
- 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.
- Cairn accuses finance ministry official of ordering dividend freezeCairn Energy has written to an international arbitration tribunal stated that its dividend income from its erstwhile subsidiary Cairn India...
- Income tax department to challenge ITAT relief to Cairn Energy in HCThe I-T department is also seeking up to 300 per cent of the principal as penalty for non-payment.
- Tax row: Vedanta names James Spigelman to represent its caseThe British firm has challenged the Rs 29,047 crore tax notice slapped by I-T department by seeking international arbitration under the UK-...
- Cairn offers to pay 15% of principal amount in pending tax caseIn February, Income Tax Department had issued a final a tax demand notice of over Rs 29,000 crore, including Rs 18,800 crore in back dated ...
- 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...
- Cairn faces Rs 10,247-crore fine on top of Rs 29k crore tax demandCairn Energy Plc faces up to Rs 10,247-crore penalty over and above the Rs 29,000 crore in tax and interest demand slapped on it by the I-T...
- Recovery process of Rs 29,000-crore tax to continue till Cairn takes settlement route: GovernmentIn the Budget, Jaitley made an offer to waive interest and penalty if the cos against whom tax demands have been made using retrospective t...
- Income Tax department slaps Rs 29,000 crore tax demand notice on Cairn EnergyThe tax demand notice came at a time when the government had insisted that it will not raise any fresh tax demand using retrospective tax l...
- 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 $...
- Cairn Energy seeks quick judicial resolution to tax rowCompany chief executive Simon Thomson said it wants the government to join the arbitration to arrive at a quick judicial resolution.
- Government against retro tax Legislation, Says Finance Minister Arun Jaitley" Cairn Energy has decided to file a notice of dispute under the UK-India Investment Treaty over the impasse.
- Cairn India slapped with Rs 20,495 crore tax demandIT department has slapped a Rs 20,495 crore tax demand on Cairn India for failing to deduct withholding tax on alleged capital gains made b...
- Arun Jaitley may face investor queries in UK on Cairn tax demandJaitley is likely to face queries over the tax department's Rs 10,247 crore demand notice to UK-based Cairn Energy, when he meets foreign i...
- 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, ...
- Working with new government to resolve tax dispute: CairnScottish explorer Cairn Energy plc today said it is working with the newly elected government to resolve a tax dispute.
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