Telecoms giant Vodafone is among the companies challenging New Delhi’s tax claims. Photo: AFP Telecoms giant Vodafone is among the companies challenging New Delhi’s tax claims. Photo: AFP
Telecoms giant Vodafone is among the companies challenging New Delhi’s tax claims. Photo: AFP
India

India’s scrapping of controversial retrospective tax law given cautious welcome

  • Move paves way for Asia’s third-largest economy to settle as many as 17 long-standing tax disputes with foreign investors. It is expected to cough up US$1 billion in refunds if firms drop litigation
  • British energy firm Cairn and telecoms giant Vodafone were among those challenging New Delhi’s tax claims

Topic |   India
Telecoms giant Vodafone is among the companies challenging New Delhi’s tax claims. Photo: AFP Telecoms giant Vodafone is among the companies challenging New Delhi’s tax claims. Photo: AFP
Telecoms giant Vodafone is among the companies challenging New Delhi’s tax claims. Photo: AFP
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