Britain’s Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts ranging from the US to France and Singapore, which are now entitled to about Rs 7,900 crore in tax refunds for implementing a retrospective tax demand. were collected for.
As part of a settlement with the government in a seven-year-old dispute over the levy of past taxes, the company – now known as Capricorn Energy plc – has withdrawn all cases that sought to order a tax refund. were brought for An international arbitration tribunal after quashing the retrospective demand, issued an advert.
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