No proposal from Cairn to settle tax dispute: Govt

Despite the government’s offer to settle the tax dispute with Cairn Energy under Vivad Se Vishwas (VSV) scheme, the UK-based firm seems to have stayed away from such an amicable solution to the vexed issue.

“No formal proposal for a solution within the country’s legal framework has been received in this regard,” minister of state for finance Pankaj Chaudhary told the Lok Sabha in a written reply on Monday.

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