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Budget: A big disappointment
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
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