India firms want tax exemptions on rupee payment for Iran oil - Economic Times

7 February 2012, 4:58 am

The Express TribuneIndia firms want tax exemptions on rupee payment for Iran oilEconomic TimesNEW DELHI: India and Iran's new mechanism to partially settle their oil trade in rupees may remain a non-starter unless India's finance ministry exempts the payments from hefty local taxes, sources at Indian oil refiners said on Tuesday.Exclusive: Iran defaults on rice payments to IndiaReutersIran, India Agree On New Crude Oil Payment MechanismBernamaIran issues ultimatum to India over gas fieldChina DailyThe Express Tribuneall 313 news articles »... Read More »

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