India’s self-inflicted Vodafone, Cairn humiliation & how retrospective tax law came about

#VodafoneAndCairnEnergy  #CutTheClutter
In the past three months, the Government of India has lost two major cases to Vodafone and Cairn Energy at the international arbitration courts in Singapore and The Hague, respectively. This was due to India's retrospective income tax policies. In episode 647 of #CutTheClutter, Shekhar Gupta tells you everything you need to know about these two cases, and the history of this policy.
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