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Saturday
August 2019
6:20 AM IST
News Headlines
I find nets claustrophobic, prefer centre wicket for match simulation: Kohli        Rahane's 81 only saving grace in India 203 for 6 on day 1        No more dessert names, Google to officially call new OS 'Android 10'        Sensex, Nifty rebound on hopes of FPI tax rollback        Despite tensions, Pak stands ready to open Kartarpur Corridor: Qureshi        Two Govt hospitals in Pak deny specialised ambulance facility to Sharif        UN, France raise concern over Amazon wildfires 'crisis'        INX Media: SC grants interim protection to Chidambaram in ED case; no relief in CBI matter        Always said demonising Modi wrong: Singhvi        Alert in Tamil Nadu after intel of Lashkar terrorists' intrusion        FM proposes measures to enhance fund flows for infra, housing projs        FATF Asia-Pacific Group puts Pakistan in terror 'blacklist': Officials        Vivek Oberoi to star in film on Balakot air strikes        It's better to get hit early and hard: Kohli on bouncers        Messi 'made me better player', says Ronaldo        Nirav Modi to appear via videolink for remand hearing in UK        Rupee slips 17 paise to 71.72 vs USD in early trade        US seeking balancing act in South Asia over Kashmir: Report        Pro-growth RBI minutes to cap yields; revives expectations for further policy easing        N Korea dismisses nuclear talks if US 'hostile military moves' continue        
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Kerala News
Rafale deal: Govt dismisses tax waiver report as ''mischievous''
 
New Delhi: The Defence ministry on Saturday clarified that any connections drawn between the tax issue and the Rafale matter is "totally inaccurate, tendentious and a mischievous attempt to disinform". The Ministry was responding to a French daily''s report that the France government waived taxes worth 143.7 million euros owed by a local subsidiary of Anil Ambani''s Reliance Global Comm Limited in 2015, around the same time when India was negotiating the Rafale aircraft deal. Reliance Atlantic Flag France was investigated by French tax authorities and found liable to pay 60 million euros in taxes for the period 2007 to 2010.

After another investigation for the period 2010 to 2012, they were asked for an additional tax demand of 91 million euros in taxes. In a statement, the Defence ministry said, "We have seen reports drawing conjectural connection between tax exemption to a private company and procurement of Rafale fighter jets by the Government of India. Neither the period of the tax concession, nor the subject matter of the concession relate even remotely to the Rafale procurement concluded during the tenure of the present Government." Meanwhile, Anil Ambani''s firm Reliance Communication denied any favouritism or gain from tax settlement. "During the period under consideration by the French Tax Authorities - 2008-2012, which is nearly 10 years ago, Flag France had an operating loss of Rs 20 crore (Euro 2.7 million).

French tax authorities had raised a tax demand of over Rs 1100 crore for the same period. As per the French tax settlement process as per law, a mutual settlement agreement was signed to pay Rs 56 crore as a final settlement," the company said in a statement.


Malayalam actor, film crew stranded in Himachal village
Ex-Deputy Commandant of AR camp held in connection with constable's death
"More flights to Kerala from Gulf countries during Onam"
Flood in Kerala: CM conducts aerial survey
Kerala rains: Toll climbs to 88, 40 still missing
Red Alert in Alappuzha, Ernakulam and Idukki
Singer Biju Narayanan's wife passes away
Rahul Gandhi appeals to people to donate relief material
Rahul urges Ker govt, Centre to provide immediate aid to flood hit
''Red alert'' to continue in seven districts in Kerala Saturday: MET
Strong winds likely along and off Kerala coast
Landslides in northern Kerala; Red Alert in four districts
Tots symbolise Kerala's resilience during 2018 deluge
Heavy Rain: Orange alert in six districts today
Government to appeal against bail granted to Sriram Venkitaram
Bakrid: Government declares public holiday on Aug 12
IAS officer arrested for causing death of scribe
Dutch royals to visit Kerala in October
Ramya Haridas to not accept Youth Congress' car gift
HC pulls up Kerala govt over Munnar encroachments
ENTERTAINMENT NEWS
Vivek Oberoi to star in film on Balakot air strikes
 Mumbai: After portraying Prime Minister Narendra Modi in a biopic, Vivek Oberoi says he is set to pr  
Chris Pine to star in film about Richard Nixon lawyer John Dean
Amitabh Bachchan is my real life mentor: Chiranjeevi
It's challenging to reinvent constantly: Kriti Kharbanda
INTERNATIONAL NEWS
Despite tensions, Pak stands ready to open Kartarpur Corridor: Qureshi
 Islamabad: Pakistan on Friday said that despite tensions with India, it stands ready to open the Kar
Two Govt hospitals in Pak deny specialised ambulance facility to Sharif
UN, France raise concern over Amazon wildfires 'crisis'
US seeking balancing act in South Asia over Kashmir: Report
NATIONAL NEWS
INX Media: SC grants interim protection to Chidambaram in ED case; no relief in CBI matter
 New Delhi: Congress leader and former union finance minister P Chidambaram was on Friday granted pro
Always said demonising Modi wrong: Singhvi
Alert in Tamil Nadu after intel of Lashkar terrorists' intrusion
FATF Asia-Pacific Group puts Pakistan in terror 'blacklist': Officials
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