Vodafone arbitration case: India to consider all options, says finance ministry
The finance ministry said on Friday it will consult its legal counsels on the tax dispute with Vodafone International Holding BV for deciding the next course of action after an international court of arbitration gave its verdict.
News agency Reuters reported on Friday that Vodafone Group Plc had won an international arbitration case against the Indian government in the high-profile dispute involving a $2 billion tax claim.
The ministry said that it has just been informed that the award has been made in the arbitration case invoked by the company and that it will be studying all aspects of it carefully in consultation with its counsels.