Saturday, December 25, 2021

Retro Tax: Cairn drops lawsuits in US, UK; completing formalities in Paris, Netherlands

Britain's Cairn Energy Plc has dropped lawsuits against the Indian government and its entities in the US and other places and is in the final stages of withdrawing cases in Paris and the Netherlands to get back about Rs 7,900 crore that were collected from it to enforce a retrospective tax demand.

from Economy-News-Economic Times https://ift.tt/3mugKjR
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