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Industry > Industry monitor > Oil & gas Finance ministry firm on defending `flawed Cairn tax arbitration award 25 May 2021 Finance ministry on Sunday said the international arbitration award of over $1.2 billion that British oil major Cairn Energy Plc won in a dispute with India was highly flawed and that it wrongly backed a grossily abusive tax avoidance scheme of the company. The finance ministry said Cairn was abusing international tax treaties that are meant to prevent the same income getting taxed in two countries to get away with not paying taxes in either of the countries. The arbitration panel improperly exercised jurisdiction in a national tax matter and that the Indian government will defend its case vigorously worldwide the ministry said in a formal statement. ....
Photo Credit: IANS IANSLive Chennai, May 25 (IANS) For the first time in the Tamil Nadu management-labour dispute over wage revision, bonus payment, reinstatement of dismissed workers is sought to be settled by arbitration.
This has led to some pretty wild ejections on the diamond. Still, it’s rare to ever see anyone actually attack one of these ball-and-strike deciders. One game turned nasty in the Dominican Republic when a hitter was ejected and attacked an umpire with his bat. Hitter Attacks Ump With Bat in Dominican Republic Un jugador golpeó con un bate a un árbitro durante un encuentro de béisbol sostenido este domingo en la continuación de la Liga Campesina de San José de Ocoa. ....