India has challenged in Singapore an international arbitration tribunal’s verdict against it in a $ 2 billion tax lawsuit involving Vodafone Group Plc, a senior government official told Reuters on Thursday on condition of anonymity. British telecoms giant Vodafone Group plc won arbitration against the Indian government in September this …
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NEW DELHI: India on Thursday challenged the international arbitration tribunal’s ruling in favor of Vodafone Plc in the retrospective tax case, according to press reports. The appeal was filed on December 21 in a Singapore court. In September, Vodafone had won the long-pending arbitration case against India’s Income Tax (TI) …
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NEW DELHI: In a new setback for the government on retrospective taxes, a arbitration The panel unanimously ruled in favor of Cairn Energy Plc, arguing that the Center had not “met its obligations” under the UK-India bilateral investment treaty and international law by requesting tax payments of Rs 10,250 crore …
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In a major setback, the Indian government lost arbitration to energy giant Cairn under the retrospective tax amendment to the law in a verdict that came Tuesday night. India has been asked to pay damages of Rs 8 billion to the British oil company. The verdict comes three months after …
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Twitter screenshot | IPL 2020. Referee Paul Rafiel started to stretch his arms to call a wide when Dhoni along with Shardul Thakur disagreed with the official, stating that the SRH batter (Rashid Khan) had moved. News18.com Last update: October 14, 2020 7:46 am IST FOLLOW US: Mahendra Singh Dhoni …
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Twitter screenshot | IPL 2020. During the IPL Sunrisers Hyderabad Vs Kings XI Punjab match on Thursday, the third referee was involved twice to award KXIP’s Mujeeb Ur Rahman caught behind. This is what happened. News18.com Last update: October 9, 2020 9:24 AM IST FOLLOW US: Riding on a brilliant …
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The Ministry of Finance is certain that whenever the company goes to an Indian court with a request for enforcement of the award, it will object. TopicsCenter | Vodafone | foreign funds The Indian government will challenge Vodafone’s arbitration award, but will also approach international pension and insurance funds interested …
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The Permanent Court of Arbitration in The Hague ruled that the conduct of India’s Income Tax Department violates ‘fair and equitable’ treatment TopicsVodafone idea | Arbitration BS Web Team | New Delhi Last Updated on September 25, 2020 4:22 PM IST The UK’s Vodafone Group Plc won an international arbitration …
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A pedestrian passes a store displaying an advertisement for the telecommunications company Vodafone in Mumbai. (AFP) However, the government’s liability will be limited to about 75 million rupees, 30 million rupees in cost and another 45 million rupees in tax refunds, sources with direct knowledge of the matter said. News18.com …
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