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GAS TAX HOLIDAY
Donald Trump is considering an 18.4-cent gas tax cut, but will the savings reach your wallet?Trump’s proposal could offer some relief as prices climb. But the savings would likely be modest. Drivers may save a few dollars each time ...- How Joe Biden's proposed gas tax holiday would workJoe Biden's past efforts to cut gas prices including the release of oil from the U.S. strategic reserve and greater ethanol blending this s...
- Biden to call for three-month suspension of gas and diesel taxesThe Democratic president will also call on states to suspend their own gas taxes or provide similar relief, according to administration off...
- Joe Biden working on creating a Gas Tax Holiday which Former President Obama considered to be a GimmickJoe Biden has considered introducing a federal gas tax holiday to help citizens save money on fuel. It may help every American save 18.4 ce...
- Budget expectations 2014: Oil & gas sectorAs more areas and opportunities are presented for investment in oil & gas sector, hopes remain high from the newly elected government to ad...
- Vote on Account 2014: Oil & Gas Sector- road aheadIndian oil and gas sector is projected to touch US $ 139,814.7 million by 2015 from US $ 117,562.9 million in 2012
- Budget 2013: Give tax holiday to oil & gas sector for exploration, demands FICCIAccording to FICCI, it should be explicitly provided that the term 'Mineral Oil' will include Natural Gas, including CBM.
- Budget 2013: Petroleum industry seeks re-introduction of tax holiday for refinery projectsThe petroleum industry is looking for a re-introduction of the tax holiday for refinery projects in the Union Budget 2013.
- Budget 2012 should provide fiscal incentives to the oil & gas sectorGiven the risk involved and diminishing global interest in Indian oil & gas acreage, the industry is looking forward to fiscal incentives i...
- Budget 2011: Appropriate fiscal policies needed for oil & gas sector; says Akhil Sambhar, Tax professional, Ernst & YoungGovernment should give adequate fiscal incentives. These incentives will attract more companies to invest in the Indian oil & gas sector.
- No tax break for new gas findsFinmin rejects Oilmin’s proposal to extend 7-year holiday in coming bidding.
- Deora puts his foot down, seeks tax gains for gas tooOilmin not to go ahead with Nelp IX till issue settled.
- Budget 2010: Oil & Gas industry awaits impetus for accelerated growthThe sector is eagerly looking forward to immense impetus for increasing investment levels.
- No tax holiday for CBM productionThis has come as a surprise to interested bidders as blocks containing oil and gas and coal bed methane are offered for simultaneous biddin...
- Further tax incentives unwarrantedWe clearly need to rationalise both direct and indirect taxes in petroleum.
- Natural gas may get 7-year tax breakThe forthcoming Budget may classify mineral oil as hydrocarbons, thus extending a seven-year tax holiday given to crude oil explorers to pr...
- Govt to clear air on tax holiday for NELP bidders soonThe government will very soon bring out a clear and transparent policy on the issue of granting tax holiday to oil explorers on the product...
- PetroMin may go to Cabinet for tax breaks for natural gasIn a bid to save NELP-VII, the Petroleum Ministry is mulling knocking at the Cabinet doors to get tax holidays restored for natural gas pro...
- Tax rejig for gas firms may hurt RILGas producing companies may lose their income tax holiday. This would have major implications for companies like Reliance Industries (RIL) ...
- Would Budget dampen the NELP enthusiasm?Section 80-IB(9) of the Act presently provides a tax holiday for seven years to undertakings engaged in commercial production or refining o...
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