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Cairn tax dispute: I-T Dept moves to recover Rs 10000 cr in taxes from Brit oil firm

The department ordered taking away USD 104 million dividend due to it from its remaining stake in the erstwhile subsidiary Cairn India.

 
 
Take a look at how and how much petroleum products dealers in India earn from selling petrol, diesel and LPG.
This news comes right before oil companies implement daily revision of petrol and diesel prices from tomorrow.
Petrol will cost Rs 66.91 per litre in Delhi and a litre of diesel will be priced at Rs 55.94 from June 1, 2017.
The reduction comes on back of a marginal 2 paise a litre increase in petrol and 52 paise per litre hike in diesel rates effected from May 1.
 
 
Investment to step up natural gas production from KG basin block situated off the eastern coast
RIL Chairman Mukesh Ambani and BP Group Chief Executive Bob Dudley are speaking at a media interaction after meeting Prime Minister Narendra Modi on Friday.
Petrol pumps across Mumbai have planned to remain shut on Sundays and will work on single shifts between 9am to 6pm on weekdays starting from May 15
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