Advertisement

HindustanTimes Sat,23 Aug 2014

India to defend Vodafone arbitration notice in tax dispute: minister

Reuters  New Delhi, May 08, 2014
First Published: 15:39 IST(8/5/2014) | Last Updated: 15:45 IST(8/5/2014)

The central government will defend a notice for arbitration from Vodafone Group Plc in a more than $2 billion tax dispute, finance minister P Chidambaram said on Thursday.

Vodafone said on Wednesday it had filed for an international arbitration against the Indian government, after the two sides failed to find a solution to the long-running tax dispute through talks.


Advertisement
more from Business

All companies must apply 2-step payments for credit cards: RBI

RBI said that all transactions involving domestic credit cards must follow rules requiring additional verification, a stance that could impact companies such as Uber Technologies Inc that provide more simple app-based purchases.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved