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VEDANTA RETRO TAX
Cairn says completed all steps of retro tax repeal law, entitled to Rs 7,900 cr tax refundThe company on November 26, 2021, initiated proceedings to withdraw lawsuits it had filed in several jurisdictions to enforce an internatio...- Retrospective tax: Cairn drops suits against Air India, Centre in USCairn had filed a petition on February 12 in the District of Columbia court to confirm the arbitration award it won against India last Dece...
- Vedanta gains 1.5% after withdrawing cases against govt to settle retro tax disputeIn a statement on Monday, the company said that it and all group entities had withdrawn cases over retrospective tax demands from the reven...
- Vedanta withdraws all petitions against tax dept to settle retrospective tax demandThe revenue department had raised a tax demand on Cairn UK Holdings for alleged capital gains it made in a 2006 business reorganisation of ...
- Vedanta withdraws cases against government to settle retro tax disputePost slapping of a Rs 10,247 crore tax demand on UK's Cairn Energy Plc for alleged capital gains made on a 2016 internal reorganisation of ...
- 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...
- View: Retro tax move may not be enough to repair India's reputationIs this a fresh start, the beginning of an open, predictable, and fair relationship between New Delhi and global capital? It’ll require a l...
- ConocoPhillips-styled Indian overseas assets seizure to collect $1.4 bn Cairn awardIn 2019, ConocoPhillips had moved US courts to seize Venezuelan state oil company PDVSA's assets to collect USD 2 billion compensation it h...
- Cairn says it took $500 mn hit due to retro tax in IndiaThe company said it is seeking full restitution for losses totalling over $1.4 billion (about Rs 102,00 crore ) resulting from India’s expr...
- This $5 billion tax bill could cost India a spot in World Bank's ease-of-doing business listThe more India engages in such antics, the greater the risk to its hope of climbing 40 places in the World Bank's ease-of-doing business su...
- need2know: Pune's city bonds; crude consumption & Fed rate hike delayLockheed Martin signed an agreement with India's Tata Advanced Systems to produce F-16 fighter planes in India.
- Diversified natural resources cos derisk investors from commodity price shocks: Anil Agarwal, Vedanta Resources"Diversified companies always have a better value. It is derisking. Putting diverse things together always helps the shareholders to remain...
- Retro tax law not applicable on dividends by foreign firmsThe erstwhile UPA government had amended the tax laws in 2012 budget retrospectively, allowing tax authorities to tax overseas transactions.
- Narendra Modi government caught in a bind as retrospective tax cases tumble outMulti-national firms which may have been under the impression the retrospective tax was dead and buried are likely to be disabused of the n...
- Shome panel votes against retrospective tax on indirect transfer of assetsShome panel has recommended that an amendment to the income-tax law seeking to tax indirect transfers of Indian assets should apply prospec...
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