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Cairn Energy seeks compensation from India on tax demand

Mar 24, 2015

Cairn Energy seeks compensation from India on tax demand

Cairn Energy, which had in 2011 sold majority stake in its Indian unit to mining group Vedanta for $8.67 billion, still holds 9.8 percent stake in Cairn India. #Income Tax Department #Arun Jaitley #Cairn Energy #CompanyWatch #UK-India Investment Treaty #Notice of Dispute #Retroactive taxation
Bihar CM Nitish Kumar calls for taxation powers to panchayats

Mar 16, 2015

Bihar CM Nitish Kumar calls for taxation powers to panchayats

Bihar Chief Minister Nitish Kumar on Sunday advocated taxation powers to panchayats in order to strengthen them. #India #TheySaidIt #bIhar #Nitish Kumar #Patna #JD(U) #Bihar CM #panchayats #taxation powers
Jaitley says govt committed to ease processes to do business, sees 7.5% GDP this year

Mar 14, 2015

Jaitley says govt committed to ease processes to do business, sees 7.5% GDP this year

He also noted that elimination of poverty is a major challenge and government is working hard on it #GDP #Poverty #Growth #Taxation #Arun Jaitely
India, Mauritius to curb abuse of double tax avoidance treaty

Mar 13, 2015

India, Mauritius to curb abuse of double tax avoidance treaty

Prime Minister Narendra Modi and his Mauritian counterpart Sir Anerood Jugnauth expressed this resolve during their talks in Port Louis on Wednesday night even as India offered $500 million concessional line of credit to this island nation for key infrastructure projects. #India #Narendra Modi #Mauritius #Double Taxation Avoidance Treaty #bilateral tax treaty
Budget 2015: FM should defer GAAR if he wants to revive investor sentiment

Feb 19, 2015

Budget 2015: FM should defer GAAR if he wants to revive investor sentiment

The government should set up a panel that addresses specific industry issues and the same should be made enforceable across the country #Tax #Gaar #Retrospective Taxation #Investor confidence #Budget2015 #Finance Budget 2015 #Economy Budget 2015