Copyright © HT Media Limited All rights reserved. A spokesperson for India’s finance ministry did not answer calls seeking comment on the arbitration court ruling. My account. India Business News  |  Indian Stock Market News  |  Bollywood Movies  |  Indian Cricket News  |  India News, Last updated on: September 25, 2020 18:47 IST, How Vodafone Idea can 'win' the telecom battle, Vodafone's merger with Idea faces tax dispute hurdle, Warner wants SunRisers batsmen to change T20 mindset, Farmers playing major role in Aatmanirbhar Bharat: PM, Fast bowling concerns for RCB as Virat-Rohit clash, Homestays come to travellers' aid in Covid times. Vodafone merged its India operations with billionaire Kumar Mangalam Birla's conglomerate but the combined entity Vodafone Idea Ltd is facing a USD 7.8 billion bill in past statutory dues. Vodafone disputed this tax demand and the country’s Supreme Court agreed that no local law supported the levy of this tax. I’m Vodafone’s digital assistant, and I help hundreds of thousands of customers a month with their queries. "We are studying the lengthy documents and can make no further comment at this time.". The joint venture between Vodafone and billionaire Kumar Mangalam Birla’s conglomerate has been weighed down by a $7.8 billion bill from the government -- biggest among peers -- eight straight quarterly losses and over $14 billion of debt. Ranchi. ‘Your arrangements will take care of all’: Adar Poonawalla praises Modi, Ladakh local poll boycott call withdrawn after govt assurance, Jaswant Singh, founding member of the BJP and former Union minister, passes away, Govt to celebrate fourth Surgical Strike Day on Monday, On Mann Ki Baat, PM Modi focuses on storytelling; hails passage of farm bills, Aware of studies that claim Covid-19 can affect heart, says Harsh Vardhan, China gives ‘unproven’ vaccine to thousands under ‘secrecy’ pact, Quick Switch to the rescue—here’s what Radhika Madan’s boss gets to see on her phone [SPONSORED], Poonam Pandey confirms she is back with husband Sam Bombay, Here’s what NCB official said on Deepika, Shraddha being summoned again, Rohit Sharma credits former Australian captain for honing leadership skills, RR vs KXIP: The KL Rahul threat Rajasthan Royals need to worry about, Farhan shares a stunning street art on Rishi Kapoor, see it here, George Everest’s house in Mussoorie to become cartography museum. “We are studying the lengthy documents and can make no further comment at this time.”. Besides Vodafone, the Indian government also used the retrospective tax legislation to seek Rs 10,247 crore from British oil explorer Cairn Energy Plc over a 2006 reorganisation of its Indian businesses. Vodafone has won a long-running multibillion-pound tax dispute with the Indian authorities.An international arbitration court in the Hague yesterday ruled in favour of the telecoms group over historic If you’ve noticed a charge on your bill that doesn’t seem right, start a chat with us and we’ll take a look at it for you. Delhi, Mumbai, This marks the latest twist in over a decade-long tax dispute that started when Vodafone entered India by acquiring Hutchison Whampoa’s Indian operations in 2007 and was slapped with this tax bill. Jaipur, British telecom giant Vodafone Group plc on Friday won an arbitration against the Indian government over a demand for Rs 22,100 crore in taxes using retrospective legislation. Shares of Vodafone Idea Ltd., Vodafone’s money-losing India unit, jumped 14% in Mumbai after CNBC-TV18 reported the ruling, the biggest gain since Sept. 3. If you’ve noticed a charge on your bill that doesn’t seem right, start a chat with us and we’ll take a look at it for you. If we’re unable to agree on a resolution, you can contact an external organisation for support and advice, including the: Kolkata, Noida, Gurgaon,