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 …
Read More »India will consider all options, says Ministry of Finance
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 …
Read More »Vodafone wins arbitration against the government
Vodafone won the arbitration against India before the international court in The Hague. New Delhi: Telecommunications giant Vodafone won a significant ruling against the Indian government in an international court on Friday for more than Rs 20 billion in quotas that it described as unfair. The international arbitration court in …
Read More »Vodafone wins a 20,000 crore tax arbitration case against the government
Vodafone had approached the Singapore International Arbitration Center in 2016 on the dispute New Delhi: Telecommunications giant Vodafone won a significant ruling against the Indian government in an international court on Friday for more than Rs 20 billion in quotas that it described as unfair. The international arbitration court in …
Read More »Vodafone wins arbitration against India
New Delhi: UK telco Vodafone Group Plc won international arbitration against India over a tax lawsuit on Friday ₹20,000 crore. The Permanent Court of Arbitration in The Hague ruled that the conduct of the Income Tax Department violates “fair and equitable” treatment. Vodafone was represented in The Hague by DMD …
Read More »Fitch Ratings: The payment of the quotas in 10 years is not enough to help VIL; expect market gains for Airtel, Jio | India Business News
NEW DELHI: Supreme Court decision to allow telcos to pay outstanding fees for 10 years will not be enough to help Vodafone Idea to stabilize their position, while Jio and Airtel they are expected to strengthen their market shares through subscriber gains, Fitch Ratings has said. In addition, he said …
Read More »There is no such proposal before the board: VIL on investment reports from Verizon, Amazon
(Representative image) NEW DELHI: Amid reports suggesting Verizon and Amazon may invest more than $ 4 billion in the company, Vodafone idea on Thursday he said that while he constantly evaluates various opportunities as part of corporate strategy, there is no such proposal currently before his board. As the board …
Read More »SC gives telecommunications companies 10 years to settle AGR quotas of Rs 1.6 crore; 10% to be paid before March 31
Private telecommunications companies The installments must be paid before February 7 of each successive year and any default will accrue interest. Non-payment will also invite contempt of court proceedings. News18.com Last update: September 1, 2020 12:13 PM IST FOLLOW US: On Tuesday, the Supreme Court gave telecommunications companies 10 years …
Read More »Vodafone PLC’s liability for AGR is limited to 8,400 cr.
[ad_1] British telecommunications giant Vodafone PLC, which owns a majority stake in Vodafone Idea, attributed its share of the losses related to its Indian arm to adverse Supreme Court lawsuits and decided to value its shares of Vodafone Idea to zero. In addition, the British operator said it would have …
Read More »Vodafone Idea Gifts Limited users 2GB daily data and unlimited calling service
[ad_1] Highlight Selected Vodafone Idea users receive an extra bundle with 2GB of high-speed data per day and unlimited calling Users can verify package eligibility by dialing 121363 on a Vodafone Idea connection Vodafone Idea also offers double data on their plans in nine circles Various Vodafone idea Users have …
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