Sunday, 14 April 2019

Panchnama Full: French report claims Anil Ambani firm got 143.7 mn euro tax waiver

Panchnama Full: French report claims Anil Ambani firm got 143.7 mn euro tax waiver


France waived taxes worth 143.7 million euros to a French-registered telecom subsidiary of Anil Ambani's Reliance Communications in 2015, months after India's announcement of buying 36 Rafale jets, a leading French newspaper Le Monde reported Saturday. In its reaction, Reliance Communications rejected any wrongdoing and said the tax dispute was settled under legal framework which is available for all companies operating in France.

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