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Retrospective Tax

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Cairn CEO sets November deadline for government to respond in $5.6 billion tax case

Aug 25, 2016

Cairn CEO sets November deadline for government to respond in $5.6 billion tax case

Cairn has initiated an international arbitration seeking $5.6 billion in compensation from the Indian government in case the retrospective tax demand of Rs 29,047 crore is not quashed #Vedanta #IPO #Cairn Energy #compensation #Arbitration #Retrospective Tax #tax dispute #CEO Simon Thomson #british oil firm
On FII MAT, Jaitley had said India cannot be a tax haven: Here's why he made a U-turn

Sep 02, 2015

On FII MAT, Jaitley had said India cannot be a tax haven: Here's why he made a U-turn

For the uninitiated, it all started with the income tax department issuing tax notices to FIIs in April this financial year. #Economy #FIIs #Narendra Modi #ConnectTheDots #Income Tax Department #Arun Jaitley #Retrospective Tax #Minimum Alternate Tax #AP Shah panel
Retrospective tax a closed issue, no plan to legislate, assures Jaitley in US

Jun 22, 2015

Retrospective tax a closed issue, no plan to legislate, assures Jaitley in US

We do not intend to legislate retrospectively, said the finance minister #Finance minister #Arun Jaitley #Retrospective Tax
Vodafone plans India's largest IPO yet, likely to raise $4 bn next year

May 26, 2015

Vodafone plans India's largest IPO yet, likely to raise $4 bn next year

When contacted, Vodafone spokesperson declined to comment #Vodafone #IPO #Retrospective Tax
Narendra Modi enthusiastic, hard working; we must all be with him, says Narayana Murthy

May 21, 2015

Narendra Modi enthusiastic, hard working; we must all be with him, says Narayana Murthy

He said that trust and confidence in the regulators are important to attract more and more entrepreneurs to start businesses #Narendra Modi #Narayana Murthy #Retrospective Tax #Modi's one year
Govt does not intend to tax people retrospectively, Jaitley clarifies yet again

Apr 27, 2015

Govt does not intend to tax people retrospectively, Jaitley clarifies yet again

Jaitley said there was breakdown of process of building consensus on various vital issues before May 2014. #CAG #CBI #Arun Jaitley #investors #Retrospective Tax #taxation policy
FIIs lost case in tribunal, govt will push ahead with Rs 40,000 cr tax demand, says Jaitley

Apr 15, 2015

FIIs lost case in tribunal, govt will push ahead with Rs 40,000 cr tax demand, says Jaitley

The NDA has abolished the MAT from 1 April 2015, but the demands pertain to tax related to earlier period, clarified Jaitley #Tax haven #Arun Jaitley #Cairn India #Retrospective Tax #MAT #tax on FIIs
Tax dispute: Vodafone, govt agree to extend date for selection of 3rd arbitrator

Sep 16, 2014

Tax dispute: Vodafone, govt agree to extend date for selection of 3rd arbitrator

The last date for finalising the name of third arbitrator in the Vodafone case dispute is September 17.
#India #UPA #telecom #Vodafone #Essar #Marten Pieters #Hutchison Whampoa #Retrospective Tax #arbitrator
CBDT sets up high-level committee to decide retro tax cases

Aug 28, 2014

CBDT sets up high-level committee to decide retro tax cases

The four-member committee will be headed by the Joint Secretary of the Foreign Tax and Tax Research-I unit of the CBDT. It will decide on such cases within of 60 days of receiving them from the Assessing Officer.

#India #CBDT #Arun Jaitley #Tax #Budget #Retrospective Tax