No new fuel cess proposed: finance ministry
May 28th, 2008 - 6:08 pm ICT by admin ( Leave a comment )
New Delhi, May 28 (IANS) The Finance ministry Wednesday said no new proposal in the form of an income tax surcharge was being considered to bail out state-run oil marketing companies, reeling under high global crude oil prices. The tax proposal, it was reported Tuesday, was among the various options that came up during a meeting between Finance Minister P. Chidambaram and Petroleum Minister Murli Deora. But it has since been denied by the finance ministry.
“The reports are largely speculative and, in particular, reports about certain new tax proposals are totally baseless,” a statement by the finance ministry said.
“Ministry of finance points out that no body from the ministry had briefed the media,” the statement added.
- No plans to raise diesel prices, roll back petrol rate: Jaipal - Jan 20, 2011
- Ahead of reshuffle, Deora offers to quit - Jul 05, 2011
- Government considering fuel price hike - Jun 15, 2009
- Reddy rules out diesel price hike - Jan 20, 2011
- Deora offers to resign as minister (Lead) - Jul 05, 2011
- No alternative to petrol price hike: Deora - Jan 17, 2011
- New tax proposed to tide over fuel price crisis - May 27, 2008
- Oil companies to give support for CWG: Deora to Sheila - Sep 24, 2010
- Deora meets Mukherjee on oil price hike, no decision taken - Jan 14, 2010
- Government intervention if crude oil prices turn volatile: Deora - Jul 02, 2010
- Ministerial panel to decide on diesel price hike next week (Lead) - Dec 15, 2010
- Centre may impose cess to bail out oil firms - May 27, 2008
- India, Angola sign deal for hydrocarbon sector - Nov 02, 2010
- India, Angola to speed up petroleum sector cooperation - Oct 31, 2010
- Fuel prices in India may rise Rs.3.50 per litre - Jun 06, 2010
Tags: crude oil prices, finance minister, finance ministry, income tax, marketing companies, ministry of finance, murli deora, New Delhi, new tax proposals, p chidambaram, petroleum, tax proposal, tax surcharge
