ONGC Videsh gets ₹6.1k cr service tax demand 
The Tax Department has imposed a service tax demand of over ₹6,100 crore on the overseas arm of state-owned ONGC, ONGC Videsh (OVL). The Service Tax Department is reportedly contending that OVL's overseas units are rendering a service to OVL by raising demand for money for operations, stating that the company is liable to pay service tax at full rate. 