Articles about Cairn Energy

Government set to nullify controversial retrospective tax law

06 Aug 2021

Business
Government set to nullify controversial retrospective tax law

The Indian government has moved toward redacting the controversial retrospective tax law, introduced in 2012 and said to have hindered the country's prospects of foreign investment.

French court allows Cairn Energy to seize 20 Indian properties

08 Jul 2021

Business
French court allows Cairn Energy to seize 20 Indian properties

A French court order has reportedly allowed Britain's Cairn Energy to seize some 20 properties owned by the Indian government in Paris.

Cairn Energy asked to cough up Rs.10,247 crore in taxes

20 Jun 2017

Business
Cairn Energy asked to cough up Rs.10,247 crore in taxes

The country's income tax authorities have ordered action against the British oil giant Cairn Energy to help recover a whopping Rs. 10,247 crore of retrospective tax.

CBDT to forego interest, if principal is paid

27 Mar 2017

Business
CBDT to forego interest, if principal is paid

Central Board of Direct Taxes (CBDT) now only wants the companies to pay up the principal demand of capital gains tax.