Bipa

The scheme provides an opportunity for settlement of cases emanating from retrospective amendment of tax laws, by asking companies to pay the basic tax demand and get waiver on interest and penalty.

Voda, govt agree to extend date for choosing 3rd arbitrator

Following arbitration notice by Vodafone in the Rs 20,000 crore tax case, the government had appointed former Chief Justice of India R C Lahoti as its arbitrator. Vodafone's arbitrator is Canadian lawyer Yves Fortier.

Indo-Netherlands BIPA pact doesn't cover taxation: FinMin

The Cabinet, however, has left a window open now by not withdrawing Vodafone conciliation talks for settling the Rs 20,000 crore tax dispute until a separate case over transfer pricing is settled by a tribunal.

Govt in mood to concile with Voda, move positive for co

Vodafone wants to include the Rs 3700 crore transfer pricing issue, which according to the revenue department goes went against the Cabinet approval on conciliation that had been given on June 3. The Vodafone stance has always been to fix all the tax issues in one go.

Tax dept finalises response to Vodafone's BIPA notice

The Income Tax department plans to rebut Vodafone's notice under BIPA saying that the pact between India and Netherlands does not cover taxation issues.

Govt okays India-UAE bilateral investment protection treaty

The decision to approve India-UAE BIPA comes within weeks of the government approving the Jet-Etihad Airways deal.

Jet-Etihad deal to finalise within in a month: Sources

The much-awaited Jet Airways and Etihad Airways deal is likely to finalise within a month, which was earlier suspected to be delayed till August, Sumit Jha of CNBC-TV18 reports quoting government sources.

Govt panel meets to defend charges of BIPA violation

CNBC-TV18's Rituparna Bhuyan repots that an inter-ministerial panel met on Friday to select law firms to help India defend charges of violation of BIPA (Bilateral Investment Promotion And Protection Agreements) leveled by international investors

Breakthrough in Voda-govt stalemate close: Sources

CNBC-TV18's Aakansha Sethi‘s reports, quoting sources, says that a settlement is likely between Vodafone and the Indian government.

FinMin finalises reply to Vodafone rejoinder: Sources

The Finance Ministry meeting to decide on the response to Vodafone's rejoinder is over. The Ministry's reply will be not sent to the PMO for approval, reports CNBC-TV18's Aakansha Sethi quoting sources.

Vodafone has no case for arbitration: Govt

Vodafone has no cause of action for arbitration. That's what the government has told Vodafone in a short letter and that too without getting into details of the Vodafone seeking relief under the BIPA between India and the Netherlands, reports CNBC-TV18.

Voda's BIPA invocation to notice premature: FinMin sources

The finance ministry has finalised its reply to Vodafone's pre-arbitration notice invoking the Bilateral Investment Protection Agreement (BIPA) with Netherlands, reports CNBC-TV18 quoting sources.

BIPA does not include tax dispute: Inter-ministerial Group

The inter-ministerial group on Vodafone has reached consensus on the matter that BIPA does not include tax disputes, reports Aakansha Sethi of CNBC-TV18.

No ground in Vodafone invoking Dutch BIPA: Govt sources

An inter-ministerial group will be meeting tomorrow to discuss the issue. It is learnt that the Indian government feels Vodafone cannot seek recourse under the Dutch Bilateral Investment Promotion and Protection Agreement (BIPA).

Tax row: FinMin questions Vodafone‘s move to invoke BIPA

Finance ministry sources have questioned Vodafone's move to invoke the bilateral investment & protection agreement (BIPA), reports Aakanksha Sethi.

GoM to mull if imposing conditions would violate BIPA

The 5 member group of ministers that has been set up to look into the Cairn Vedanta deal will have to decide whether imposing pre conditions for approving the transaction like withdrawal of CESS arbitration and accepting royalty as cost recoverable would be in violation of India's bilateral investment promotion treaty with the UK or not.