Vodafone wins international arbitration against Government Of India in $2 billion tax dispute case (Around 20,000 Crores)
An international arbitration tribunal in The Hague ruled that India's imposition of a tax liability on Vodafone, as well as interest and penalties, were in a breach of an investment treaty agreement between India and the Netherlands
The tribunal, in its ruling, said the government...
more... must cease seeking the dues from Vodafone and should also pay 4.3 million pounds (Around 40 Crores) to the company as partial compensation for its legal costs