Budget 2009 India
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Budget & Oil Drilling And Exploration

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R G Subramanian, VP-Commercial, Reliance Industries

RIL profits only within seven years from the day of commercial production will be available. Suppose other wells are explored in subsequent years and in the 7th...

Dinesh Kanabar, Head-Tax, PwC India

However, there is other controversy which is each single exploration block is a separate undertaking or if you have got a license for a block which is a huge en...

RS Sharma, Chairman, ONGC

I feel, overall, the budget addresses the expectations and the focus has been more on the stability and the futuristic growth especially for the oil and gas ups...

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Aban Offshore221.60
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12:54

FY10 fiscal deficit at 6.8% of GDP vs target of 5.5%: FM

12:53

No change in corporate tax: FM

12:53

Goods and service tax from April 1, 2010: FM

12:53

Personal income tax exemption hiked by Rs 10,000: FM

12:53

Increase in personal income tax limit by 15,000 for senior citizens: FM

12:52

Surcharge of 10% on personal income tax removed: FM

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Impact Analysis

 GAS GRID: GAIL to implement projects + ve

 Reduction Of CENVAT +ve Impact On Manufacturing IndustriesGAIL

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