TIOL-DDT 2120 · Wednesday, 5 June 2013 · story 3 of 5

Conciliation with Vodafone - Tax by Talks?

TODAY every Newspaper must have reported that the Union Cabinet has approved a Finance Ministry proposal for a conciliation process with telecom giant Vodafone in the Rs. 11,200 crore Income Tax case. It seems the conciliators will sit together and come out with a solution which will again go the cabinet and Parliament. The PIB Press Release is totally silent on the issue. Why is the Government shy of informing the people?

You may like to read our 2005 article Tax by Talks