Reliance communications

French newspaper claims: Anil Ambani’s tax of 14 million euros is waived, Reliance refuses

Reliance communications: In a report of the French newspaper Lu Munda, it has been claimed that France apologized for the tax of Anil Ambani’s company, 14.37 million euros (about Rs 1,125 crore) after the announcement of Rafale Deal. In a report published on Saturday of Lu Munda, it has been said that within a few months after the announcement of purchasing 36 Rafale aircraft in India, the French government in 2015 forgave the tax of the Registered Telecom Subsidiary in Reliance Communications of France.

Cleanliness of the Congress, Congress Attack, Ministry of Defense’s response

On the other hand, Reliance Communications has dismissed any irregularity in responding to the French newspaper’s report. RCom has said that the tax dispute was resolved under the legal provisions which are available for all companies operating in France. The Ministry of Defense has also said that seeing Rafale Deal and tax issues together is a misguided attempt to mislead and be misguided as well. At the same time, Congress has attacked PM Modi once again after the report of the French Newspaper. Congress spokesman Randeep Surjewala alleged that the French government forgave the tax of billions of rupees of Anil Ambani’s company by ‘grace’.

Reliance Flag paid about 57 crores under tax settlement

In the French newspaper’s report, it has been claimed that the French tax authorities accepted 73 million Euros (about Rs 57.15 crore) as settlement of the Reliance flag Atlantic France, while the original demand was 15.1 million euros (about Rs 1182 crore). . Reliance flag is owned by Terrestrial Cable Network and other telecom infrastructure in France.

On April 10, 2015 PM Modi announced the purchase of Rafale

Prime Minister Narendra Modi had announced the purchase of 36 Rafale fighters in Paris on April 10, 2015 after negotiations with the then French President François Olinda. The final deal on Rafale was on 23 September 2016. The main Opposition Congress has been accusing this irregularity in large scale in this deal. The Congress alleged that the government was buying a Rafale Jet for Rs 1,670 crores while the deal was fixed at Rs 526 crores during the UPA when the deal was discussed during UPA. However, during the UPA regime, there was only talk of Rafale, no deal.(Reliance communications)

Congress allegations of irregularity in the deal and the benefit of Ambani

In addition to the price of the aircraft, Congress has been attacking the government even after Anil Ambani’s company Reliance Defense was chosen as an offset partner of Aviation. Twelve makes up Rafale planes. On the other hand, the government has been denying the Congress allegations. The government says that this deal has happened between the governments of both the countries, instead of any company, there is no room for corruption. On the question of making Reliance Defense an offset partner, the government says it is a decree that, whatever he wants to be an offset partner, the government has no role in it.

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Reliance communications – French tax officials investigated Reliance flag

According to the French newspaper, the French tax authorities investigated the Reliance flag and found that the company has a tax liability of 60 million Euros (about Rs 470 crore) between 2007 and 2010. However, Reliance had offered only 76 million Euros (about Rs 59.5 crore) for the settlement, which had been rejected by the Freight Authorities. The authorities have conducted another investigation of the company from 2010 to 2012 and asked him to repay an extra tax of 9.1 million euros (about Rs 712 crore).

1182 crores tax liability, settlement in 57 crores

According to the newspaper report, by April 2015, there was a tax liability of at least 15.1 million euros (about Rs 1182 crore) on Reliance. In October 2015, 6 months after the announcement of Raphael deal by PM Modi, the French Authority approved the settlement of 73 million Euros (about Rs 57.15 crore) instead of 15.1 million euros (about Rs 1182 crore) from Reliance.

Tax demand for 15.1 million euros was illegal: RCom

A spokesman for Reliance Communications said that the tax demand was ‘completely false and illegal’. The company has denied any kind of benefits or settlement of any kind.

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