{"id":460692,"date":"2022-01-06T11:32:34","date_gmt":"2022-01-06T06:02:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=460692"},"modified":"2022-01-06T12:59:12","modified_gmt":"2022-01-06T07:29:12","slug":"cairn-withdraws-all-lawsuits-against-india-to-get-rs-7900-crore-tax-refund-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cairn-withdraws-all-lawsuits-against-india-to-get-rs-7900-crore-tax-refund-2\/","title":{"rendered":"Cairn withdraws all lawsuits against India, to get Rs 7,900 crore tax refund"},"content":{"rendered":"<p>Britain\u2019s Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts from the US to France and to Singapore, to now be entitled for about Rs 7,900 crore refund of taxes that were collected to enforce a retrospective tax demand.<\/p>\n<p>As part of the settlement reached with the government in the seven-year-old dispute over the levy of back taxes, the company \u2013 which is now known as Capricorn Energy PLC \u2013 has withdrawn all cases that were brought to collect the tax refund ordered by an international arbitration tribunal after rescinding retrospective raising of demand, according to an advertisement it issued in Indian newspapers on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Britain\u2019s Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts from the US to France and to Singapore, to now be entitled for about Rs 7,900 crore refund of taxes that were collected to enforce a retrospective tax demand. As part of the settlement reached with the government in the seven-year-old dispute over the levy of back taxes, the company \u2013 which is now known as Capricorn Energy PLC \u2013 has withdrawn all cases that were brought to collect the tax refund ordered by an international arbitration tribunal after rescinding retrospective raising of demand, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-460692","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/460692","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=460692"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/460692\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=460692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=460692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=460692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}