Budget wish list: Oil & Gas sector hoping for reduction in cess rate, 100% depreciation allowance


Budget wish list: Oil & Gas sector hoping for reduction in cess rate, 100% depreciation allowance

The oil and gas sector is hoping for couple of announcements related to reduction in cess rate, 100 per cent depreciation allowance for projects undertaken for upgradation of fuel quality and exemption on 15 per cent service tax on LNG Sea transportation and regasification from the government in the upcoming Union Budget scheduled on February 1. Read more

Leave a Reply

Your email address will not be published.