‘It is questioning India’s sovereign right to tax’
Finance Minister Nirmala Sitharaman has hinted that the government will appeal against the recent international arbitration award favouring Cairn Plc, especially as it questioned the country’s sovereign right to taxation. In December, an international tribunal had given an award of $1.2 billion with interest and cost favouring the Edinburgh-based energy major.
Responding to a question from
BusinessLine at an interaction with women journalists organised by the Indian Women’s Press Corps (IWPC) here, she said: “The question on India’s sovereign authority to tax cannot be questioned by anybody and even if it is an award of an international arbitration. when it’s about India’s right to tax I will appeal. It is my duty to appeal and as a sovereign nation it is the duty of the government to question that.” “So an arbitration award to question the authority of the government to even tax. I am sorry I will appeal o
"First of all, I am not commenting on any A or B individual. (But) since the names were taken, (I want to say) the very same names were raided in 2013," she said in an interaction with journalists at IWPC (Indian Women s Press Corps).
Updated Mar 05, 2021 | 21:03 IST
Earlier this week, a Supreme Court bench headed by Chief Justice of India (CJI) SA Bobde had asked a rape accused whether he was ready to marry the complainant. Entire fiscal stimulus to be funded by borrowing, revenues: Nirmala Sitharaman | Photo Credit: BCCL
New Delhi: Finance Minister Nirmala Sitharaman on Friday said the entire fiscal stimulus announced by the government would be funded by borrowings and revenues, and taxpayers will not be charged even a single penny. I am not expecting the stimulus to be funded by taxpayers. Not a rupee from the taxpayer. The entire amount .. is shown as revenue and borrowings. The government is borrowing to spend, but it is not taking from people, she said while interacting with journalists at the IWPC (Indian Women s Press Corps).
Updated Mar 05, 2021 | 19:26 IST
FM Nirmala Sitharaman during a press conference asked why did no one ask questions when the raids were conducted in 2013 when asked about I-T raids on Bollywood actors FM Nirmala Sitharaman | Photo Credit: ANI
On being asked about income tax raids conducted at properties owned by Bollywood actor Taapsee Pannu and filmmaker Anurag Kashyap, Finance Minister Nirmala Sitharaman on Friday said the same people were “raided” in 2013 as well but no it was not a problem like it is now.
“When it (raids) happens during a govt, it s fine; when it happens during this govt, it s not. The same people were raided in 2013 too, it wasn t an issue, but it s an issue now,” said FM Sitharaman during a press conference on Friday.
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