Government under pressure to cut excise duty on auto fuels: Icra
Economic TimesGovernment under pressure to cut excise duty on auto fuels: IcraEconomic TimesEvery $per barrel increase in Indian basket crude price pushes up under-recoveries -- which is the revenue loss arising from selling products below cost, by about Rs 1000 crore and net import bill by $1.2 billion. "Further increase in under-recoveries ...and more »
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