Panel tilts towards fuel tax reduction
R. SURYAMURTHY
RESCUE MEASURES
New Delhi, Nov. 25: The group of ministers on fuel prices is likely to recommend cuts in taxes and will try to insulate consumers from the surge in global crude price that is poised to cross $100 a barrel.
Government officials are pressing for a marginal increase in prices, but this will depend on the political climate. Set up by Prime Minister Manmohan Singh, the group of ministers is headed by external affairs minister Pranab Mukherjee and will submit its plans within a month.
No comments:
Post a Comment