23
Tuesday
April 2019
7:33 AM IST
News Headlines
Rahul liar of first order; should apologise to country: BJP on Cong chief''s affidavit in SC        Nation-wide emergency from midnight in Sri Lanka        Pant fires Delhi Capitals to six-wicket win over Rajasthan, go top of table        Shiv Sena asks govt to take over Jet Airways        Congress releases list of six candidates for Delhi Lok Sabha seats        SP-BSP-RLD, an alliance of hearts rather than parties: Akhilesh        CM Nath regime intimidating officials: Shivraj Singh Chouhan        Bairstow and Warner lead Sunrisers to 9-wicket victory        Dhoni''s 84* goes in vain as RCB win 1-run thriller against CSK        Sri Lanka serial blasts : Seven arrested over multiple blasts        Pak Prime Minister Imran Khan arrives in Iran        Serial blasts rip through Lanka on Easter Sunday: 228 dead, 450 injured        US confirms deaths of several Americans in Sri Lanka blasts        Pakistan deplores India''s decision to suspend cross-LoC trade        Multiple blasts likely to have "adverse impact" on Lankan tourism: tour operators        Kerala CM condemns terrorist attack in Sri Lanka        French Police detain over 120 people amid Yellow Vest rallies in Paris        Gunmen kill 2 in north Nigeria        Amit Shah: K Surendran represents believers all over world        Asking vote for those who insulted Ambedkar is stooping to new low: Yogi to Mayawati        
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Main 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.


Nation-wide emergency from midnight in Sri Lanka
Serial blasts rip through Lanka on Easter Sunday: 228 dead, 450 injured
Amit Shah: K Surendran represents believers all over world
India drops down on World Press Freedom Index
EC lets off Union minister Naqvi with warning for 'Modiji ki sena' remark
Case registered against BJP Ker President for offensive
Phase 2 of LS polls: Moderate to high voter turnout
Rahul Gandhi attacks Modi, says he "divided" country
BJP says Modi believes in 'simple living, high ideals', rejects Cong allegations
LS polls in Vellore cancelled due to use of money power
PM "exploiting" valour of jawans, says Rahul Gandhi
Officials search Kanimozhi's residence in TN
Amid poll panel's gag order, Yogi to visit Ayodhya
Oppn to move SC again to seek verification of 50 pc of VVAPT votes
Modi slams Cong, says oppn leaders are being quoted in Pak to discredit India
Modi ran govt for his 15 friends: Rahul slams PM
Biopic on PM Modi: SC to hear on April 15 plea challenging EC's ban on release of film
Stop Parties from using Armed Forces for their Agendas: Veterans write to the President
Sonia Gandhi embarks on roadshow before filing nomination in Rae Bareli
Imran Khan says better chance of peace with India if BJP wins general elections
KERALA NEWS
Kerala CM condemns terrorist attack in Sri Lanka
 Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Sunday strongly condemned that terrori  
Sexist remark: Electoral Officer warns ruling LDF leader
CPI-M-led LDF holds road show in Wayanad
Toddler in coma after being beaten up; Mother arrested
INTERNATIONAL NEWS
Sri Lanka serial blasts : Seven arrested over multiple blasts
 Colombo: The Sri Lankan government said on Sunday that seven people had been arrested over the multi
Pak Prime Minister Imran Khan arrives in Iran
US confirms deaths of several Americans in Sri Lanka blasts
French Police detain over 120 people amid Yellow Vest rallies in Paris
NATIONAL NEWS
Rahul liar of first order; should apologise to country: BJP on Cong chief''s affidavit in SC
 New Delhi: The BJP demanded an apology from Rahul Gandhi on Monday after the Congress president expr
Shiv Sena asks govt to take over Jet Airways
Congress releases list of six candidates for Delhi Lok Sabha seats
SP-BSP-RLD, an alliance of hearts rather than parties: Akhilesh
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