Vodafone liable to pay tax to Government of India
Vodafone liable to pay tax to Government of India

The Income Tax Department of the Government of India has sent a notice to Vodafone, seeking around US$ 1.7 billion as capital gains tax related to the sale of Hutchison Telecom International Ltd’s (HTIL) 67 per cent stake in Hutch-Essar, now renamed Vodafone-Essar. However, the Vodafone has contested this notice and approached the Bombay High Court.

Micro Finance Institutions (MFIs)
Micro Finance Institutions (MFIs)

[This article was published in the May 2006 issue of the eGov Magazine (http://www.egovonline.net) ]

The solution lies with new delivery channels that make innovative use of ICTs to inexpensively process a large volume of small transactions and deliver a wide range of financial services

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