In a shift to the earlier position that the Vodafone has to pay the Rs. 11,000 crore tax to the government, Kapil Sibal, Communications minister who is also the law Minister, has stated that the government is prepared to have conciliation in the matter. This was expected at any stage. The British company, Vodafone, has been able to influence the India government through its government also for a compromise. The statement of the Law Minister is a clear indication that the UPA government has already compromised the issue.
It has been reported by CNNIBN TV that the lawyer attending for Vodafone is Hon Minister Kapil Siblal’s son. So he is advocating or advising out of court settlement. Our company has been ordered to repay along with interest of Rs 7500 Crore Notional Loan ( totally Rs 12000/-crores). Hon minister could have acted upon this issue that it is a Govt Company no need to pay like that. But nothing happened to our expectation