Selling shares during talks to Panama Papers: The saga of Cairn retro tax

The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination.

from Energy-Industry-Economic Times https://ift.tt/1yGEXz4