Feb 19:
Know more about why the Union budget was a big disappointment for the Indian oil & gas industry. 8Manyt of the demands were not met 8Besides the non-granting of infrastructure status and GST, there were other expectations too 8Clarifications did not come forward to put an end to on-going litigation resulting from non-inclusion of statutory taxes with gross revenues for purpose of section 44BB of the Act and eligibility of sub-contractors for 44BB regime, among others 8The website carries here a comprehensive assessment of the Union budget and the impact of the changes inflicted on India's taxation regimen Click on Reports for more