{"id":404344,"date":"2021-03-11T11:14:32","date_gmt":"2021-03-11T05:44:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=404344"},"modified":"2021-03-11T11:54:11","modified_gmt":"2021-03-11T06:24:11","slug":"govt%e2%80%8a-prepared-%e2%80%8ato-%e2%80%8adeal-with-cairns-enforcement-move","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt%e2%80%8a-prepared-%e2%80%8ato-%e2%80%8adeal-with-cairns-enforcement-move\/","title":{"rendered":"Govt\u200a prepared \u200ato \u200adeal with Cairn\u2019s enforcement move"},"content":{"rendered":"<p>NEW DELHI : The Indian government is filing an appeal against a $1.2 billion arbitration award that British oil major Cairn Energy Plc. had secured in a tax dispute, and is determined to strongly defend any move by the company to enforce the award, said a person familiar with discussions in the government.<\/p>\n<p>\u201cIf enforcement proceedings are initiated, India is confident to address them and will strongly defend its interests,&#8221; the person said, asking not to be named. The government, however, is open to settling the dispute under the Vivad se Vishwas direct tax dispute resolution scheme.<\/p>\n<p>Emailed requests to Cairn Energy and the Union finance ministry seeking comments on the development remained unanswered at the time of publishing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : The Indian government is filing an appeal against a $1.2 billion arbitration award that British oil major Cairn Energy Plc. had secured in a tax dispute, and is determined to strongly defend any move by the company to enforce the award, said a person familiar with discussions in the government. \u201cIf enforcement proceedings are initiated, India is confident to address them and will strongly defend its interests,&#8221; the person said, asking not to be named. The government, however, is open to settling the dispute under the Vivad se Vishwas direct tax dispute resolution scheme. Emailed requests to [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-404344","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404344","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=404344"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404344\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=404344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=404344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=404344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}