Tax Changes

SC rejects govt request for review of Vodafone judgement

The government had filed a review petition asking the court to reconsider its verdict delivered in January which gave its order in favour of Vodafone and helped improve foreign investor confidence.

Budget 2012 a step back, will Voda challenge tax rule change?

India signaled it wants to levy a heavy retroactive tax on some international mergers. This retrospective amendment to tax Vodafone like cases only makes doing business in India harder and cumbersome.