Business World

France reports huge tax waived off for Anil Ambani’s French businesses after Rafale deal was inked

A French newspaper reported on Saturday that France waived taxes worth 143.7 million euros to a French-registered telecom subsidiary of Anil Ambani’s Reliance Communications in 2015, months after India’s announcement of buying 36 Rafale jets. The bankrupt telecom giant Reliance Communications rejected any wrongdoing and said the tax dispute was settled under a legal framework […]