{"id":376139,"date":"2020-09-30T12:40:26","date_gmt":"2020-09-30T07:10:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=376139"},"modified":"2020-09-30T12:40:26","modified_gmt":"2020-09-30T07:10:26","slug":"cairn-energy-seeks-1-4-bn-in-losses-from-retro-tax-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cairn-energy-seeks-1-4-bn-in-losses-from-retro-tax-demand\/","title":{"rendered":"Cairn Energy seeks $1.4 bn in losses from retro tax demand"},"content":{"rendered":"<p>British oil explorer Cairn Energy Plc on Tuesday said it is seeking from the Indian government $1.4 billion (about Rs 10,300 crore) in losses arising from the expropriation of its investments to enforce a retrospective tax demand.<\/p>\n<p>In its half-yearly earnings statement, the company said it expects an international arbitral tribunal to shortly give a decree on its challenge to the Indian government seeking Rs 10,247 crore in retrospective taxes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British oil explorer Cairn Energy Plc on Tuesday said it is seeking from the Indian government $1.4 billion (about Rs 10,300 crore) in losses arising from the expropriation of its investments to enforce a retrospective tax demand. In its half-yearly earnings statement, the company said it expects an international arbitral tribunal to shortly give a decree on its challenge to the Indian government seeking Rs 10,247 crore in retrospective taxes.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,223,150],"tags":[],"class_list":["post-376139","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-tribune","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/376139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=376139"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/376139\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=376139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=376139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=376139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}