Posted inIndia, South Asia

India denies tax waiver, jets deal linked

Indian authorities have denied that a political deal was struck for France to waive €143.7 million (US$162.6 million) of tax liabilities owed by businessman Anil Ambani shortly after Delhi agreed to buy 36 Rafale jets from the French. French newspaper Le Monde reported on Saturday that the tax accord was agreed with Reliance Atlantic Flag France, the French subsidiary of Reliance […]

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