Retro Tax Case: India pays Cairn Rs 7,900 crore to settle dispute
The Indian government has paid Cairn Energy Plc Rs 7,900 crore to refund taxes.
Feb 24, 2022, 19:12 PM IST
Retro Tax: Cairn drops lawsuits against Indian govt in US, UK; completing formalities in Paris, Netherlands
Cairn Energy has dropped lawsuits against the Indian government and its entities in the US.
Dec 26, 2021, 10:57 AM IST
Vodafone Retro Tax Case: Telecom firm files application with Centre to settle dispute
Vodafone said that it has filed an application with Indian authorities for settlement of their retrospective tax dispute.
Dec 03, 2021, 18:43 PM IST
Retro tax settlement: Cairn, Vodafone, others to wait 5 months to get refund
Companies seeking refunds for retrospective taxes will have to indemnify the Indian government against future claims.
Oct 02, 2021, 13:28 PM IST
Explained –What Is Retrospective Tax and how does it affect investors?
The Retrospective Tax was introduced in 2012 by late former president and then Finance Minister Pranab Mukherjee.
Aug 06, 2021, 12:21 PM IST
Cairn approaches international panel for injunction against I-T dept
Cairn Energy plc has approached an international arbitration panel seeking an injunction against Indian income tax department initiating proceedings to recover Rs 10,247 crore in retrospective tax.
Jun 08, 2017, 14:55 PM IST
Retrospective tax not helping government image: Cairn Energy CEO
The major retrospective tax disputes include those involving Vodafone and Cairn.
May 13, 2016, 11:55 AM IST
Centre, IT to reply on Vodafone plea against special audit notice
Delhi High Court on Thursday sought the Centre's response on Vodafone's plea challenging an Income Tax notice asking the company to show cause why its 2011-12 financial records not be subjected to special audit to arrive at the total income for assessment year 2012-13
Mar 17, 2016, 20:33 PM IST
I-T Dept slaps Rs 29,000 crore tax demand notice on Cairn Energy
It is the second firm to have received retrospective tax notice this year after Vodafone Group.
Mar 15, 2016, 15:09 PM IST
Govt can't waive tax on Vodafone, Cairn: Adhia
Government cannot waive the multi- billion dollar tax liabilities that Vodafone and Cairn Energy face, although it has done the most it could in offering to remove interest and penalty if the principal is paid, Revenue Secretary Hasmukh Adhia has said.
Mar 06, 2016, 13:30 PM IST
Retrospective tax not fully addressed in Budget: UK investors
The Indian Budget has received a positive response from the UK-based Indian business community but the issue of retrospective taxation was flagged as a concern by them.
Mar 03, 2016, 22:48 PM IST
Govt has taken 'one step forward' on retro tax issue: Jaitley
The government has taken "one step forward" to resolve the retrospective tax cases by putting in place a statutory mechanism for ending such disputes, Finance Minister Arun Jaitley said on Wednesday.
Mar 02, 2016, 12:47 PM IST
Budget 2016 may address retrospective tax concerns
In an interview to PTI, Chief Economic Advisor Arvind Subramanian has said that the present government is taking "consistent steps" to deal with the legacy tax issues to regain investor confidence.
Feb 28, 2016, 19:16 PM IST
Aapka Bazaar: Rashesh Shah On Vodafone Tax Issue Of Paying Rs 14200 crore
Watch the video and check out what Rashesh Shah, chairman of Edelweiss Group, has to say about the issue noticed to Vodafone for paying tax dues of Rs 14200 crores.
Feb 17, 2016, 16:08 PM IST
FM Jaitley pushes GST, reassures on back taxes
Jaitley reiterated a reassurances that India would not pursue foreign companies with new retroactive tax claims, adding that he would like to see the few remaining disputes resolved "as expeditiously as possible."
Jan 30, 2016, 13:16 PM IST
Retrospective tax is a thing of past, says PM Narendra Modi; India-France sign 16 MoUs
He also announced that France would immediately start investing USD 1 billion in India annually which will be scaled up later. The two sides also signed 16 MoUs, including one for manufacture of helicopters in India.
Jan 24, 2016, 23:25 PM IST
Retrospective Tax is thing of the past, will never be opened again: PM Narendra Modi
Addressing the business leaders of France and India here in presence of French President Francois Hollande, Modi said his government wants to ensure that foreign investors are clear about tax systems that will prevail in India over the next 15 years.
Jan 24, 2016, 20:05 PM IST
British MP nudges Jaitley on Cairn Energy tax dispute
In January 2014, Cairn was slapped with a Rs 10,247 crore assessment notice.
Jan 09, 2016, 15:20 PM IST
Retrospective tax issues: Govt open to out-of-court settlement
Keen to put an end to the overhang of legacy issues, the government is open to any proposal for an out-of-court settlement of retrospective tax issues like the ones facing Vodafone and Cairn Energy.
Dec 27, 2015, 11:44 AM IST
Cairn writes to PM Narendra Modi on retrospective tax case
Cairn Energy chief executive Simon Thomson wrote to Modi recalling his statement in London that the government "will not resort to retrospective taxation and has demonstrated this position in a number of ways".
Dec 20, 2015, 13:11 PM IST