The county’s oil and gas sector seeks supportive regulatory reforms in order to stabilise gas prices by bringing it under the GST, and steps to increase investment opportunities in the exploration of oil in the upcoming Union Budget.
Union minister for finance & corporate affairs, Nirmala Sitharaman, on Wednesday, chaired the first pre-budget consultation with India’s leading economists.
The government on Tuesday sought to address a significant concern stemming from the 2024-25 Budget announcement by introducing flexibility in the computation of long-term capital gains (LTCG) tax on unlisted assets, including properties.