Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax

Total 10 results found. Search for [ india appeal cairn arbitration award news ]

Results 1 to 10 of 10
May 23, 2021
India had seized and sold shares of Cairn in its erstwhile India unit, confiscated dividend due and withheld tax refunds to recover the tax demand it had levied two years after passing a law in 2012 that gave it powers to levy tax retrospectively

May 16, 2021
The assets identified range from Air India's planes to vessels belonging to the Shipping Corporation of India, and properties owned by state-owned banks to oil and gas cargoes of PSUs

March 30, 2021
Cairn Energy says it has full confidence on its position. The company will continue to take all steps necessary to protect the interests of its shareholders, adds British energy giant

March 23, 2021
The appeal against a three-member tribunal at the Permanent Court of Arbitration at The Hague invalidating India's Rs 10,247 crore tax claim on Cairn Energy and ordering the government to return the value of shares it had sold, comes weeks before UK PM Boris Johnson's visit to India

Dipak Mondal
March 10, 2021
Government believes that Cairn had set up a tax-abusive structure and did not pay taxes anywhere in the world on the gains that it made in India; it was well within India's sovereign powers to redress the situation

March 7, 2021
Finance Minister Nirmala Sitharaman had on March 5 indicated the government's intent to appeal against the award when she said it is her \"duty\" to appeal in cases where the nation's sovereign authority to tax is questioned

Manu Kaushik
December 24, 2020
The government has reportedly challenged the international tribunal's September verdict that ruled in favour of Vodafone Group Plc in the Rs 22,100-crore tax dispute case

December 24, 2020
India has challenged Vodafone arbitration award in Singapore on Dec 21; Centre recently discussed Vodafone tax dispute award at highest level, including with Prime Minister Narendra Modi

November 23, 2020
If the arbitration award in the Cairn cases goes against India, the government has to pay the British firm over Rs 7,600 crore to reverse the dividend and tax refund it had ceased and shares it sold to recover part of the tax demand

October 4, 2020
Finance Ministry sources said the government will decide on challenging the award before a court in Singapore - which was the seat of the arbitration, after taking legal opinion