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India to settle long-run tax dispute with Vodafone, Cairn: Report

India to settle long-run tax dispute with Vodafone, Cairn: Report

India is in talks with Vodafone Group Plc and Cairn Energy Plc to settle long-running tax disputes with them, a top government official told Bloomberg. It comes after Finance Minister Nirmala Sitharaman last week tabled a bill in the Lok Sabha to nullify the tax claims raised based on retrospective use of an anti-evasion tax law amendment introduced in 2012.

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