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VODAFONE RETROSPECTIVE TAX
More the retro, less the going forwardRecent developments have cast a shadow over government telecom spectrum charges imposed over ten years ago, now being questioned in light o...
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
India shields pre-2017 foreign investment gains from strict tax rulesThis would allay fears of retrospective taxation, a longstanding concern for global investors, and reinforce India's image as a transparent...
Vodafone files for retro tax settlement with IndiaCairn Energy and all the other companies covered by the retrospective tax had already applied for settlement with the Income Tax department...
New rules for Vodafone retrospective tax settlement notifiedVodafone’s tax demand in the tax dispute was validated under section 119, as distinct from the others and therefore a separate set of rules...
India challenges Vodafone arbitration ruling in Singapore - sourceAn international arbitration tribunal in The Hague had ruled that India's imposition of a tax liability on Vodafone was in a breach of an i...
Vodafone arbitration award issue discussed with PM Modi; final decision likely at another meeting soonSome experts are of the view that India should not appeal against the arbitration award as it would send a positive signal to foreign inves...
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...
India has time till December-end to appeal against Vodafone arbitration awardFinance Secretary Ajay Bhushan Pandey said the government is examining all aspects to arrive at a decision on whether to appeal against the...
Finance ministry defends retrospective amendment of 2012Finance ministry officials strongly defended the controversial 2012 amendment that brought overseas indirect transfers retrospectively into...
Tax row: Vodafone makes no provision, pins hopes on treatiesVodafone said it did not carry a provision for this litigation or in respect of the retrospective legislation as on March 31, 2016, or prev...
Budget 2016: Vodafone lukewarm to FM Arun Jaitley’s offering in tax dispute caseTax experts said the company was unlikely to accept the proposal. The proposal relates to companies facing retrospective tax demands.
Vodafone says to continue arbitration, but to "study" India resolution proposalVodafone Group will be “continuing to seek resolution of this matter through international arbitration,” the UK telecom major said in a sta...
Budget 2016: Govt offers one-time settlement of retro tax disputes; Vodafone eyes resolutionA high level committee headed by the Revenue Secretary will oversee creation of fresh liability using retrospective tax legislation, Arun J...
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 $...
Don't use retro amendment of tax laws to raise revenue: Parthasarathi ShomeFinance Minister's advisor Parthasarathi Shome today said the government should not use retrospective amendment of tax laws to raise revenu...
Government revives Rs 14,000 crore tax demand on Vodafone; company may go for arbitrationThe move, coming at a time the government is hardpressed for revenues, could start yet another battle between tax authorities and Vodafone.
FM leaves proposal to tax Vodafone-type deals untouchedMukherjee held firm on amending the I-T Act with retrospective effect to tax capital gains on sale of assets in India through indirect tran...
- Nothing new about retrospective tax, courts have upheld them: Govt
The government has defended its budget proposal to retrospectively tax cross-border share sales, saying that retrospective taxation was not...
- Taxing overseas M&As retrospectively to hit investment: Vodafone
UK-based telecom giant Vodafone has written to Prime Minister Manmohan Singh saying the move will tarnish India's image as an investment de...