Tag «Cairn»

Govt move to undo retrospective tax law means India to forego tax demands of Rs 50,000 crore

Govt move to undo retrospective tax law means India to forego tax demands of Rs 50,000 crore

By Administrator_India Capital Sands While the government has made the first move to nullify all retrospective taxes, till recently it had demanded upwards of Rs 50,000 crore from British telecom major Vodafone and energy giant Cairn. Introducing the Taxation laws (Amendment) Bill in the Lok Sabha on August 5, the government has sought to nullify …