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'EFTA aims to have similar conditions for access to the Indian market as the EU'

In an interview with Aanchal Magazine, Switzerland’s State Secretary for Economic Affairs Helene Budliger Artieda said though EFTA negotiations run parallel to India’s FTA talks with the European Union (EU), they aim to have similar conditions for access to the Indian market as the EU. ....

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Retrospective tax: After Vodafone, India loses Cairn arbitration case


Retrospective tax: After Vodafone, India loses Cairn arbitration case
The international tribunal also ruled that India’s demand of $1.2 billion in retrospective tax was “in breach of the guarantee of fair and equitable treatment”.
December 24, 2020 3:50:01 am
The Cairn India Ltd. logo is displayed on a sign outside the venue of the company s annual general meeting in Mumbai, India, on Thursday, Aug. 18, 2011. (Photographer: Adeel Halim/Bloomberg)
Cairn Energy Plc won a major relief on Wednesday as the Permanent Court of Arbitration at The Hague ruled that the Indian government’s retrospective tax demand against the global oil and gas major was “inconsistent” with the UK-India bilateral treaty. ....

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