About this document

Budget Impact on Oil & Gas Sector 2011-12 by Arunav Barooah is a document available to read on EtoBox.

The budget analysis document discusses the oil and gas sector budget for 2011-2012. It notes that under recoveries for the sector are expected to reach 70,000 crores in 2011. The document outlines key industry expectations around reducing duties and increasing cash compensation that were not met by the budget provisions. The budget did not change duties or provide higher compensation. It introduced a 1 rupee per liter cess on diesel and petrol. This is expected to negatively impact sector profits, FDI inflo

Author

Arunav Barooah

Language

EN