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Thursday, May 19, 2022

tax dispute


Cairn begins process to seize Indian overseas assets to recover $1.7 billion

May 15, 2021 4:05 pm

India has appealed against the arbitration award on the grounds that taxation-related matters are not covered in its bilateral investment treaty with the United Kingdom under which the case was filed.

Cairn Energy wins arbitration in tax spat with Indian government

December 23, 2020 12:14 pm

Cairn Energy’s victory will be a second loss for India in an international arbitration after Vodafone Group Plc won a years-long tax dispute with the Indian government in September over a controversial $3 billion tax demand.

Tax dispute: Govt to defend Vodafone arbitration notice, says P. Chidambaram

May 08, 2014 2:54 pm

Vodafone has served an arbitration notice in tax dispute, prompting govt to drop peace offer.

Government willing to restart conciliation talks with Vodafone

February 19, 2014 3:27 pm

Sources said if Vodafone makes up its mind on conciliation, it can happen in a few days.

Nokia offers euro 270 mn deposit to unfreeze assets

December 10, 2013 2:11 am

The Finnish firm has been trying to free up the assets.

Vodafone to invest $3 bn over next two years

December 05, 2013 12:45 am

In a separate development,the firm on Wednesday contested allegation levelled on it by international SIM card provider Matrix Cellular.

Nokia asks Delhi HC to help release Chennai unit

November 22, 2013 2:33 am

To lift the seizure,the company has also proposed to pay up a part of the Rs 2,080-crore tax demand.

Tax dept has frozen some assets,says Nokia

October 01, 2013 3:53 am

Nokia’s euro 5.44 billion deal to sell its handset business and license patents to Microsoft is expected to close in the first quarter of 2014.