Cairn India Current Affairs, GK & News
Govt buries Retrospective Tax
Finance Minister, Nirmala Sitharaman, introduced a Bill in Parliament to nullify the provisions of Income Tax Act. This bill has put an end to contentious retrospective tax law which has hit the confidence of foreign investors like Vodafone and Cairn. Highlights Government also proposed to refund amount paid in litigation by companies without any interest. ..
Month: Current Affairs - August, 2021
Category: Economy & Banking Current Affairs
Topics: Cairn India • Finance Minister • Hutchison Essar • Retrospective tax • Smt. Nirmala Sitharaman • Vodafone case
Mining firm Vedanta Ltd. gets approval for expansion of its plant in Rajasthan
Mining firm Vedanta Ltd. has received environment clearance approval for the expansion of its oil and gas operation in Rajasthan. This would entail the company an investment of Rs.12,000 crore. The proposal is to expand onshore oil and gas production from 3,00,000 Barrels oil per day to 4,00,000 BOPD and 165 mmscfd (million standard cubic ..
Category: Environment Current Affairs
Topics: Barrel • Cairn India • Jalore district • Measurement • Million standard cubic feet per day • Units of measurement • Vedanta Ltd.