The government has raised the contribution of upstream oil companies toward fuel subsidies to 38.8% for 2010-11 fiscal.
Reacting on this issue, PK Goyal, director of finance at Indian Oil Corporation (IOC), said that as per the official letter received by the Ministry of Petroleum, IOCDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
