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CAIRN ENERGY TAX
Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...- 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...
- Cairn Energy withdraws all litigations in retrospective tax caseCairn Energy “has entered into the final stage in its undertakings with the Government of India by withdrawing Indian and global appellate ...
- Cairn arbitration: Govt confirms French court order against Indian assetsMinister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said the government has filed an appeal ...
- 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...
- India to study Cairn Energy arbitration award, to consider all optionsThe government's statement followed that from Cairn Energy Plc which said that it had won the arbitration against the Indian government ove...
- Double blow for India. After Vodafone, Cairn Energy wins investment treaty arbitration against New Delhi in 5-year-old tax disputeCairn in March 2015 filed a formal dispute against a demand for more than $1.2 billion from the Indian tax department that dates back to th...
- Tax department to sell Cairn Energy's attached shares at 'appropriate time'Cairn India was subsequently merged with its new parent Vedanta Ltd, in which Cairn Energy now holds about 4.95 per cent stake.
- Final hearing in Cairn Energy tax issue in AugustCairn had initiated an international arbitration after government in 2014 demanded Rs 10,247 crore on a decade old internal reorganisation ...
- 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...
- Government seeks putting Cairn arbitration on holdCairn Energy and Vedanta, which had bought Cairn India from the Scottish firm in 2011, had initiated separate arbitrations against the tax ...
- 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 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 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...
- India will state stand before relevant authority: FM Arun Jaitley on Cairn Energy tax dispute"So if a particular assessee resorts to a legal remedy, the income tax government will state its position before that authority," Jaitley s...
- 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...
- I-T Department slaps two more notices on Cairn EnergyCairn faces a potential tax demand on an alleged Rs 24,500 cr of capital gains it made when in 2006-07 it transfered all its India assets t...
- Cairn Energy halts $300 million share buy-back after income-tax probe"Board has decided to suspend previously announced share buy-back programme until the position regarding the CIL shareholding is resolved,"...
- Cairn UK did not pay tax on Rs 24,503.50 crore of capital gains: Income Tax DepartmentI-T Dept has assessed that Cairn Energy Plc of UK did not pay tax on Rs 24,503.50 cr of capital gains made on transferring India assets to ...
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