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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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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The Finance Ministry said on Friday that it will consult its legal advisers on the tax dispute with Vodafone International Holding BV to decide the next course of action after an international arbitration tribunal delivered its verdict. News agency Reuters reported on Friday that Vodafone Group Plc had won an …
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