India has reduced the goods and service tax (GST) on bunker fuel oil, known as bunker fuel, to 5 percent for all vessels, the government said on Wednesday, which should help the country’s fuel sellers compete with other lower-tax ports in Asia. India’s nationwide GST taxed bunker fuel sales at 18 percent when it was […]
Day: October 11, 2017
India forms international Oil & Gas think-tank to advice on issues
In a bid to accelerate its policy reforms in the key focus areas of the oil and gas sector, the government has formed an International Oil and Gas think-tank which will advice the government on issues related to pricing, gas infrastructure, better financial models for exploration and extraction of hydrocarbons and reducing import dependency. Oil […]
Jet Airways launches non-stop flights between Chennai-Paris
Jet Airways today launched non-stop flight service between Chennai and Paris-Charles de Gaulle with an aim to benefit frequent flyers to European countries. “I am delighted at the prospect of the upcoming launch of the non-stop Chennai to Paris Jet Airways flight. This new route will greatly enhance air connectivity between France and India.. ,” […]