In the now-famous case, an international arbitration tribunal in The Hague recently ruled that India’s imposition of a huge tax liability of Rs 22,100 crore on Vodafone, including interest and penalties, breached the investment treaty between India and the Netherlands. It also directed India to pay $5.47 million to the company for its legal costs.
Credit: economictimes.indiatimes.com
View: The BJP government should uphold its own pledge to end ‘tax terrorism’
