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Restrospective tax: Companies must indemnify govt in case of future claims
The rules further added that companies will have to file a declaration with the income tax authorities along with a board resolution
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Retrospective tax dispute: Cairn accepts $1 bn refund offer
The 2012 legislation was used to levy a cumulative of Rs 1.10 lakh crore of tax on 17 entities including UK telecom giant Vodafone
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Retrospective Tax: Vodafone, Cairn raise concerns over terms
Cairn has asked to remove the clause that states the interested parties are required not to seek claims after disputes are resolved.
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Centre releases draft rules to drop retrospective tax
The amendment will end the tax regime that enabled the tax department to levy tax in retrospection that is it could go back to 50 years.
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Rules on retro tax to be framed soon: Nirmala Sitharaman
The government has to refund about Rs 8,100 crore that it had collected using the retro tax law. The bulk of this -- Rs 7,900 crore is to Cairn Energy
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Belated, but a balm indeed
Overnight, the decision removes the nagging spectre from the minds of prospective foreign investors about the ease of doing business in India
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Centre moves to redact retrospective tax law, experts welcome move
Retrospective Tax: The bill seeks to bury the contentious retrospective tax law which was introduced in 2012.
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Govt brings bill to junk retrospective taxes; Voda, Cairn disputes to end
Retrospective Tax: The bill will come as a relief to companies such as Cairn Energy and Vodafone and will likely end legal dispute with govt
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Govt expects financial bids for AI stake sale by Sept 15
Lawsuits filed in the US by Cairn Energy will have no impact on stake sale: Minister
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Cairn Energy secures French court order to seize 20 Indian government properties
On June 11, the French court had ordered Cairn Energy’s take-over of Indian government properties, mostly comprising flats.
