InvestorQ : With the Cairn tax dispute, now over, what are the big learnings for India?
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With the Cairn tax dispute, now over, what are the big learnings for India?

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Juvina Maggie answered.
3 months ago
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With the government paying Rs.7,900 as refund, the Cairn tax dispute is finally over. India must take home some key lessons. Firstly, India must ensure legal contracts and protocols in India up to international benchmarks. Secondly, tax policy has to be consistent if India really wants to attract FDI. Lastly, in any debate between form and substance, in the global legal arena, it is form that will have the upper hand in arbitration, not substance.

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