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MNCs may face Rs 11,000 cr retro tax demand after SC ruling

Multinational companies based in the Netherlands, Switzerland, and France may face retrospective tax demands of around ₹11,000 crore on dividend income repatriated from India. This follows a Supreme Court ruling stating that the lower 5% withholding tax on dividend income is not applicable to all OECD countries on a most favoured nation (MFN) basis. The court held that the 5% rate only applies to companies based in countries with which India has a double taxation avoidance agreement (DTAA). ....

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Cairn Gets Rs 7,900 Crores From India In Retro Tax Dispute Settlement

The Indian government has refunded Rs 7,900 crore to Britain's Cairn Energy Plc to a dispute over the levy of retrospective taxes. ....

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India refunds Rs 7,900 cr to Cairn Energy to settle retro tax dispute

Cairn, in a statement, said the tax refund has been paid and "net proceeds of $1.06 billion have been received." ....

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Govt To Settle Almost All Retrospective Tax Cases This Month, Says Revenue Secretary

Govt To Settle Almost All Retrospective Tax Cases This Month, Says Revenue Secretary
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Tarun Bajaj , Vedanta Group , Cairn Energy Plc , Cairn Energy , Revenue Secretary Tarun Bajaj , Revenue Secretary , Idea Vodafone , Retro Tax ,

After Retro Tax, Modi Government Should Be Ready To Swallow Bitter Devas Pill Too

After Retro Tax, Modi Government Should Be Ready To Swallow Bitter Devas Pill Too
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

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