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  Amaravati notified as capital of Andhra Pradesh after 12-year wait

  India | April 07, 2026 10:39 IST

  Amaravati has been officially declared the capital of Andhra Pradesh, effective retrospectively from June 2, 2024, following the passage of the Andhra Pradesh Reorganisation (Amendment) Act, 2026, ending a 12-year wait since the state’s bifurcation.

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  Retrospective taxation: Cairn claims Rs 37K cr in compensation from India

  July 12, 2016 15:39 IST

  in a statement of claim filed with an international arbitration panel, has sought $5.6 billion (around Rs 37,500 crore) in compensation from the Indian government for raising a retrospective tax demand of Rs 29,047 crore

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  IT dept slaps Rs 18,800 cr tax notice on UK’s Cairn Energy

  March 15, 2016 16:26 IST

  Close on the heels of Vodafone being served a notice by the Income Tax department over tax dues that the company considers disputed comes another notice – this time to UK-based power major Cairn Energy.

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  Simplified processes and stable tax regime: PM's Make in India pitch

  India | February 13, 2016 20:37 IST

  Mumbai: Promising stable and predictable tax regime, Prime Minister Narendra Modi today said this was the best time to invest in India as the government carries reforms including setting up a company law tribunal and

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  Pranab Defends Amendment Of IT Act With Retro Effect

  March 31, 2012 16:51 IST

  Kolkata, Mar 31: Finance Minister Pranab Mukherjee today defended the move to amend the Income Tax Act with retrospective effect following which UK's Vodafone may have to pay Rs 11,000 crore as tax for a

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  Vodafone Describes Rs 11,000 Cr Tax As Unjust

  March 30, 2012 18:37 IST

  New Delhi, Mar 30: Terming the move to tax cross-border deals with retrospective effect as “grossly unjust”, UK-based telecom giant Vodafone today said it is considering various courses of action to safeguard its position in