Retrospective tax: India refunds ₹7,900 cr to Cairn to settle dispute1 min read . Updated: 24 Feb 2022, 06:52 PM IST
Cairn, also known as Capricorn Energy, says the “net proceeds of USD 1.06 billion have been received”
The Indian government has refunded ₹7,900 crore to Britain's Cairn Energy Plc after a years-long dispute over the retrospective taxes. Cairn Energy, now known as Capricorn Energy Plc, has said the Indian government has paid the tax refund, and that the "net proceeds of USD 1.06 billion have been received."
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