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Budget 2026: India’s oil industry seeks lower GST rates - Media Logo

Budget 2026: India’s oil industry seeks lower GST rates

January 30, 2026
Budget 2026: India’s oil industry seeks lower GST rates

India’s estimated $433.8 billion oil and gas industry has sought tax relief to boost the country’s domestic exploration and compensation on under recoveries made on sale of cooking fuel in the upcoming Budget 2026-27.