India plans tax cut for domestic oil producers as Covid-19 bites

Tax reduction to likely be announced during the country’s upcoming financial budget next month

Tax cut: India's Petroleum Minister Dharmendra Pradhan
Tax cut: India's Petroleum Minister Dharmendra PradhanPhoto: REUTERS/SCANPIX
Published 28 January 2021, 04:54Updated 29 January 2021, 15:31