Cairn Energy and all the other companies covered by the retrospective tax had already applied for settlement with the Income Tax department...

Vodafone’s tax demand in the tax dispute was validated under section 119, as distinct from the others and therefore a separate set of rules...

An 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...

Some experts are of the view that India should not appeal against the arbitration award as it would send a positive signal to foreign inves...

Sources with knowledge of the development said in case the arbitration panel upholds Indian government's tax demand against Cairn, it would...

Finance Secretary Ajay Bhushan Pandey said the government is examining all aspects to arrive at a decision on whether to appeal against the...

Finance ministry officials strongly defended the controversial 2012 amendment that brought overseas indirect transfers retrospectively into...

Vodafone said it did not carry a provision for this litigation or in respect of the retrospective legislation as on March 31, 2016, or prev...

Tax experts said the company was unlikely to accept the proposal. The proposal relates to companies facing retrospective tax demands.

Vodafone Group will be “continuing to seek resolution of this matter through international arbitration,” the UK telecom major said in a sta...

A 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 to get the much-needed foreign investments for achieving double digit growth rate, said a $...

Finance Minister's advisor Parthasarathi Shome today said the government should not use retrospective amendment of tax laws to raise revenu...

The move, coming at a time the government is hardpressed for revenues, could start yet another battle between tax authorities and Vodafone.

Mukherjee held firm on amending the I-T Act with retrospective effect to tax capital gains on sale of assets in India through indirect tran...

The government has defended its budget proposal to retrospectively tax cross-border share sales, saying that retrospective taxation was not...

UK-based telecom giant Vodafone has written to Prime Minister Manmohan Singh saying the move will tarnish India's image as an investment de...