Millennium Post

Cabinet may take up Vodafone tax issue next week

The government is likely to take a view on the Rs 11,217-crore Vodafone tax case next week, a top Finance Ministry official has said.
'The issue (Vodafone tax dispute) may come before the Cabinet next week,' the official said.

The Law Ministry recently gave its go-ahead for a conciliatory out-of-court settlement of the tax dispute with British telecom major Vodafone. After presenting the Budget 2013-14, Finance Minister P Chidambaram had said: 'We have decided the appropriate time to go to Parliament would be after we have been able to resolve the Vodafone case.

'As far as Vodafone is concerned, they had written to us proposing conciliation. We have written back saying that yes your request will be considered by the competent authority. So, the matter will go to the Cabinet.'
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