இரட்டை அல்லாத வரிவிதிப்பு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The government has not asked any state-owned banks to withdraw funds from foreign currency accounts abroad in anticipation of the potential seizure with regard to the Cairn legal dispute, the Ministry of Finance clarified on Sunday. Government of India is vigorously defending its case in this legal dispute. It is a fact that the government has filed an application on March 22, 2021 to set aside the highly flawed December 2020 international arbitral award in The Hague Court of Appeal, it said. The government further said it is committed to pursuing all legal avenues to defend its case in this dispute worldwide. India has been ordered to return over $1.2 billion to Cairn Energy Plc after it lost arbitration proceedings in a tax dispute. An international arbitration tribunal ruled that India’s tax claim was not valid and asked the government to repay the funds, along with interest, to Cairn.

United kingdomHague courtCairn energy plcAir indiaIndia united kingdomDouble non taxationCairn legal disputeInternational arbitral awardAir india assetsஒன்றுபட்டது கிஂக்டம்ஹேக் நீதிமன்றம்கெய்ன் ஆற்றல் ப்ல்அேக இந்தியாஇந்தியா ஒன்றுபட்டது கிஂக்டம்இரட்டை அல்லாத வரிவிதிப்பு