Tax Dispute

  • Finance Ministry appoints RC Lahoti as arbitrator in Vodafone tax case June 17, 2014

    New Delhi: The government has appointed former Chief Justice of India R C Lahoti as arbitrator in the Rs 20,000 crore tax dispute case with UK telecom major Vodafone. "Yes, he (Lahoti) has been appointed for arbitration from our side," a Finance Ministry official told PTI. The government's decision was in response...
  • Nokia factory freeze lifted, paves way for Microsoft deal December 12, 2013

    A court on Thursday accepted an appeal by Nokia to release its local factory after it was seized by authorities in a tax dispute, removing a hurdle to the sale of the company's mobile phone business to Microsoft. The plant in the southern city of Chennai is one of Nokia's biggest...
  • India to amend tax laws after resolving Vodafone dispute April 7, 2013

    New Delhi: The Indian government will introduce changes in the income tax laws once the dispute with Vodafone is resolved, Finance Minister P Chidambaram said on Saturday. "Amendments to the Income Tax Act is inevitable, that is absolutely necessary," Chidambaram told reporters adding that the government was waiting for a...
  • Cabinet to take call on Vodafone tax dispute: Chidambaram February 21, 2013

    New Delhi: Finance Minister P Chidambaram on Wednesday said the Union Cabinet will take a final call on settlement of the Rs 11,200-crore Vodafone tax case after seeking opinion of the Attorney General. "As far as Vodafone is concerned, they had written to us proposing conciliation. We have written back saying...
  • No negotiations with Vodafone: Finance Ministry May 7, 2012

    New Delhi: Ruling out any negotiations with Vodafone in the Rs 11,000-crore tax dispute case, the Finance Ministry on Monday said it would reply to the notice given by the British telecom major after passage of the Finance Bill by Parliament. "How can the government negotiate with Vodafone?" a top finance...