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 has challenged in Singapore a international arbitration courtverdict against you on a $ 2 billion tax claim involving Vodafone Group Plc, a senior government official told Reuters news agency on Thursday on condition of anonymity. The issue is being watched closely after a new disappointment for the …
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By: Tech Desk | New Delhi | Updated: October 20, 2020 7:59:00 pm List of the best recharge plans below Rs 200 from Airtel, Jio and Vi. (Photo Express) The current Covid-19 pandemic has made our lives completely confined to the digital world. So from official meetings, group presentations, online …
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Last month, an international arbitration court ruled that the Indian government seeking ₹Rs 22.1 billion in taxes from telecom giant Vodafone using retrospective legislation “violated the guarantee of fair and equitable treatment” guaranteed by the bilateral investment protection pact between India and the Netherlands. Finance Ministry sources said the government …
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Strong states are strengthened by putting limits on their own power; weak states are weakened by descending to arbitrariness. India has to choose what it wants to be. That is the message that an international arbitration tribunal in The Hague is sending to New Delhi. The panel dismissed the Indian …
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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 ultimately ruled in favor of telecoms giant Vodafone in an investment treaty arbitration (ITA) dispute against India, initiated under the India-Netherlands Bilateral Investment Treaty (BIT). This ruling marks the culmination of nearly a decade of bitter tax dispute between India and the …
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Written by Aashish Aryan | New Delhi | Updated: September 26, 2020 7:28:14 am Pedestrians pass a Vodafone India Ltd. store in Mumbai. (Bloomberg photo: Dhiraj Singh) In a unanimous decision, the Permanent Court of Arbitration in The Hague ruled on Friday that India’s retrospective claim for Rs 22,100 crore …
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Vodafone Group Plc won a lengthy tax battle with the Indian government, which had demanded that the British telecom operator pay Rs 20 billion in back taxes, interest and penalties related to the 2007 purchase of Hutchison Whampoa’s operations in India. The Permanent Court of Arbitration in The Hague held …
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NEW DELHI: global telecommunications giant Vodafone has won a long-pending arbitration against India with the Permanent Court of Arbitration in Hague ruling that the tax authorities had violated the provisions of the Bilateral Investment Treaty with the Netherlands by retroactively amending the law to require more than Rs 20 billion …
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