Windfall Tax On ONGC Will Be Damaging, Industry Experts Say
An attendant holds a fuel pump at a small roadside petrol station in the Huruma suburb of Nairobi, Kenya. (Photographer: Luis Tato/Bloomberg)

Windfall Tax On ONGC Will Be Damaging, Industry Experts Say

A reduction in excise duty and value added tax on fuel will be more effective in arresting retail price volatility rather than a potential windfall tax on Oil and Natural Gas Corporation Ltd.That’s...
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