Cairn, others ready to settle case under retro tax schemeVodafone is the only company that has yet to apply formally. The telecom operator has to make its application under a separate provision no...
19 Nov, 2021, 07.20 AM IST
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...
14 Oct, 2021, 06.59 PM IST
Separate rules soon for Vodafone retrospective tax settlementVodafone will have 45 days from the date of notification of these rules to approach the government for settlement. "Rules would be notified...
12 Oct, 2021, 10.49 AM IST
Retrospective tax settlement: Companies will have to indemnify the Indian governmentThe Central Board of Direct Taxes notified the final rules for settlement of retrospective cases after incorporating certain changes follow...
02 Oct, 2021, 09.54 AM IST
Companies must drop retro tax cases to avail settlement scheme: CBDTThe govt, in Budget 2016-17, had announced a scheme to settle retrospective tax disputes by waiving interest and penalty if the cos paid up...
25 Dec, 2016, 02.05 PM IST
Direct tax dispute resolution scheme kicks off todayIt allows for settlement of cases pending in various courts, tribunals, arbitration or mediation under the Bilateral Investment Protection ...
01 Jun, 2016, 05.38 AM IST
Budget 2016: FM Arun Jaitley's efforts to settle retrospective tax demands may not succeedJaitley's proposal to enable corporate taxpayers to settle demands arising out of retrospective amendments may not cut much ice.
01 Mar, 2016, 12.52 PM IST
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.
01 Mar, 2016, 06.10 AM IST
After Vodafone notice, retrospective tax now back on government agendaThe govt is keen to settle the issue quickly as it could undermine attempts to attract investment to speed up economic growth from the 7.6%...
22 Feb, 2016, 01.04 AM IST
Open to out-of-court settlement of legacy tax issues: Hasmukh AdhiaCairn has already named former Bulgarian minister Stanimir A Alexandrov as its arbitrator. A third arbitrator is yet to be named in the cas...
27 Dec, 2015, 11.25 AM IST
Shot in the arm for corporates: Budget 2014 may do away with retrospective taxationLooking to boost corporate sentiment, FM Arun Jaitley is expected to do away with retrospective taxation in Budget 2014, reported ET Now.
26 Jun, 2014, 02.41 PM IST
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...
20 Nov, 2013, 08.35 PM IST
Finance Ministry to seek cabinet nod for tax talks with VodafoneFinance Ministry is likely to seek Cabinet nod for discussions with Vodafone to settle the long-running $2-billion tax dispute.
15 Feb, 2013, 04.27 AM IST
CBDT may waive off interest, penalty on retrospective tax: ChidambaramCBDT is considering issuing a circular waiving interest & penalty on taxes cos may have to pay as a result of the controversial retrospecti...
09 Oct, 2012, 06.09 AM IST
End to Vodafone tax row in sight as interest, penalties on retrospective tax may goCBDT is likely to moot a proposal to exempt companies caught in the retrospective tax net from paying interest & penalties.
28 Sep, 2012, 07.39 AM IST
Vodafone considers $2.2 billion tax provision on Indian lawVodafone, which has resisted setting aside money for $2.2 bn tax bill in India, may make a provision to cover the legal risks, CFO said.
18 Sep, 2012, 02.39 AM IST
Vodafone tax case: War of words intensifiesThe war of words between Vodafone Group Plc, embroiled in a multi-billion dollar tax case here and the Indian government has further intens...
20 Apr, 2012, 11.11 PM IST