India asks US court to reject Cairn's $1.2 billion suitCairn had in May asked a US federal court to force Air India to pay a USD 1.26 billion arbitration award the firm had won in December.
17 Aug, 2021, 05.25 PM IST
Glad we have put an end to issue troubling us for 8 years: P Chidambaram on retro tax withdrawalWhen it is also passed by Rajya Sabha, all tax demands made on companies like Cairn Energy and Vodafone using a 2012 legislation on indirec...
06 Aug, 2021, 04.49 PM IST
Retro Tax Amendments will end legacy cases, bring tax certainty: Revenue Secretary Tarun BajajRevenue Secretary Tarun Bajaj spoke to ET Now and said the amendments will put to an end to some of the legacy issues and tell investors th...
06 Aug, 2021, 12.36 PM IST
Vodafone tax case: India files application in Singapore High Court against arbitration panel verdictThe demand pertained to Vodafone's USD 11-billion acquisition of 67 per cent stake in the mobile phone business owned by Hutchison Whampoa.
08 Feb, 2021, 06.28 PM IST
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...
23 Nov, 2020, 04.39 PM IST
Government weighs legal options in Vodafone tax arbitration caseLast month, an international arbitration court ruled that the Indian government seeking Rs 22,100 crore in taxes from telecom giant Vodafon...
04 Oct, 2020, 10.17 AM IST
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.
20 Jun, 2017, 12.36 AM IST
New move to settle retrospective tax cases, CBDT offers interest liability waiver to firmsIn cases where tax liability arose because of retrospective amendment to the law or a court ruling, the interest payable on the demand will...
27 Mar, 2017, 01.35 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
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 $...
25 Sep, 2015, 07.27 PM IST
IMG to decide government action on Cairn Energy arbitration next weekFM Arun Jaitley today discussed with his ministry officials the arbitration notices served by foreign firms ahead of the IMG meeting next w...
08 Aug, 2015, 07.48 AM IST
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...
14 Mar, 2015, 05.19 AM IST
UK Deputy Prime Minister Nick Clegg meets Arun Jaitley, discusses retro tax issueJaitley explained the government's position on the retrospective tax amendments with reference to the tax cases of Vodafone and Cairn Energ...
25 Aug, 2014, 03.15 PM IST
- Stake milestone or millstone?
Oil MNCs will invest in the country only if they get to exit at a profit.
13 Nov, 2010, 01.59 AM IST
- Cairn Energy to pay taxes due in India, UK on Vedanta deal
British firm Cairn Energy said it will pay all taxes due, both in India and the United Kingdom, on the $8.48-billion sale of a majority sta...
09 Sep, 2010, 03.18 AM IST
- Cairn Energy to pay up to $1.1 bn in taxes on Vedanta deal
Cairn said it will pay all taxes due, both in India and the UK, on the $8.48 bn sale of a majority stake in its Indian arm to Vedanta Resou...
08 Sep, 2010, 09.23 PM IST
Cairn Plc may face $1-b cap-gains taxIndian tax authorities are ready to fire a tax salvo at Cairn Energy that may soon be asked to cough up capital gains on its over $9-bn sta...
17 Aug, 2010, 05.23 AM IST