India returns Rs 7,900 crore as settlement to Cairn Energy
new Delhi:
The Indian government has returned Rs 7,900 crore to UK’s Cairn Energy Plc in a dispute over retrospective taxation.
Cairn, now known as Capricorn Energy Plc, said in a statement that tax refunds have been paid and “net income of USD 1.06 billion has been received.”
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