Webdunia - Bharat's app for daily news and videos

Install App

Le Monde report claims huge tax waiver for Anil Ambani French firm after Rafale deal; but France said…

Webdunia
Sunday, 14 April 2019 (11:09 IST)
New Delhi: In the midst of fresh controversy over Rafale and a French daily claiming that Anil Ambani’s company benefited from a French tax waiver in 2015, the French government has said the ‘tax settlement’ with Reliance was not subject to any political interference and was conducted in full adherence of the regulatory framework.

“This settlement was conducted in full adherence with the legislative and regulatory framework governing this common practice of the tax administration. It was not subject to any political interference whatsoever,” the French envoy to India Alexandre Ziegler tweeted.

He further said a global settlement was reached between the French tax authorities and Reliance Flag, a telecom company, in a tax dispute pertaining to the period 2008-2012.

The government source here said attempts to blow up fresh row is “mischievous and inaccurate” and any attempt to draw a connection between the tax issue and the Rafale deal is erroneous.

The Congress and other opposition parties have used the ‘tax concession’ issue for Ambani and suggested it was due to Prime Minister Narendra Modi’s blessings to the company of Anil Ambani.

The Left parties in India have also criticised the government on the issue.

A leading French newspaper Le Monde claimed that France waived taxes worth 143.7 million euros to a French-registered telecom subsidiary of Reliance Communications in 2015, months after India’s announcement of buying 36 Rafale jets. (UNI)

Related Article

See All

Top News

Jharkhand Assembly Election Result 2024: INDI alliance wins absolute majority

Kerala: Priyanka Gandhi wins Wayanad Lok Sabha by-poll by over 4 lakh votes; pledges to be their voice in Parliament

Israeli airstrike targeting Hezbollah commander kills 11 in central Beirut

Must Read

Landslides and mudslides: Can they be prevented?

Fungi are adapting to body heat — a 'doomsday scenario'

Could a Syrian war criminal be attending Paris Olympics?

Next Article
Show comments