{"id":493738,"date":"2022-05-26T12:30:42","date_gmt":"2022-05-26T07:00:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=493738"},"modified":"2022-05-26T12:30:42","modified_gmt":"2022-05-26T07:00:42","slug":"will-bringing-petroleum-products-under-gst-help-tame-inflation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/will-bringing-petroleum-products-under-gst-help-tame-inflation\/","title":{"rendered":"Will bringing petroleum products under GST help tame inflation"},"content":{"rendered":"<p>India, today, covers nearly the majority of its oil needs through imports. This is leading to a widening trade deficit; a weaker rupee and higher inflation as crude prices breached the $100 a barrel mark. This is no doubt going to be a major drag on growth. Bringing petroleum &amp; natural gas under GST is a long-standing demand from the industry and the Government should begin consultations with the states to bring it under the GST.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India, today, covers nearly the majority of its oil needs through imports. This is leading to a widening trade deficit; a weaker rupee and higher inflation as crude prices breached the $100 a barrel mark. This is no doubt going to be a major drag on growth. Bringing petroleum &amp; natural gas under GST is a long-standing demand from the industry and the Government should begin consultations with the states to bring it under the GST.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-493738","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=493738"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493738\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=493738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=493738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=493738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}