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Home » Retrospective Tax News

Retrospective Tax

Vedanta urges govt to resolve retrospective tax issues

Vedanta urges govt to resolve retrospective tax issues

Sun, Jan 14, 2018

The demand of Rs 20,495 crore comprises Rs 10,248 crore tax and interest of Rs 10,247 crore

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Income Tax dept asks Cairn Energy to pay tax of Rs 10,247 crore

Income Tax dept asks Cairn Energy to pay tax of Rs 10,247 crore

Sun, Apr 09, 2017

The Income Tax Department had raised a tax demand of Rs 10,247 crore and another Rs 18,800 crore in interest for 10 years.

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India gets six more weeks to respond to Cairn Energy arbitration

India gets six more weeks to respond to Cairn Energy arbitration

Sun, Nov 20, 2016

Its counsel argued that the government wants the arbitration initiated by Vedanta to be taken up first.

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Retrospective tax hangs like "Damocles' Sword" in India: Microsoft

Retrospective tax hangs like "Damocles' Sword" in India: Microsoft

Wed, May 18, 2016

Lockheed Martin India Chief Executive Phil Shaw also said that the challenges that they see in India include those relating to the country's taxation regime.

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In need of cash, India chases Rs 8 lakh crore in elusive back taxes

In need of cash, India chases Rs 8 lakh crore in elusive back taxes

Mon, Apr 18, 2016

In the union budget, Finance Minister Arun Jaitley stuck to an ambitious pledge of reducing the fiscal deficit to 3.5 percent of gross domestic product from 3.9 percent, and improved tax collection could help meet that target.

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