Govt rejects Vodafone reply on retrospective tax

July 09, 2012 18:43

The Finance Ministry has rejected telecom operator Vodafone's rejoinder, seeking an undertaking that a retrospective tax amendment would not apply to it.

The Finance Ministry's reply will now go to the Prime Minister Office for approval.Late in June, Prime Minister Manmohan Singh took additional charge of the Finance Ministry after Pranab Mukherjee stepped down from that position to run for President of the republic.

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