newsphotos
National | Entertainment | Sports | Business | Politics
Archive

Decision on windfall profit tax not under my ministry: Deora

9 July, 2008 19:16:01

New Delhi, July 9 (IANS) Petroleum and Natural Gas Minister Murli Deora Wednesday reiterated that any decision to impose a windfall profit tax - as demanded by the government's new ally, Samajwadi Party - was not under his ministry's purview.

Deora told reporters that he was open to any suggestions from supporters of the government for the development of the oil and gas industry.

'I cannot comment on this matter (of windfall tax) as it does not concern my ministry,' the minister replied to a query.

The windfall tax was earlier demanded by the Left parties, and is now sought by the Samajwadi Party, on profits private oil companies have earned due to increasing oil prices.

Bookmark and Share with

Latest Comment

comment icon Post your comment
Type Your Comment (max 1500 characters)
Name (Optional) Email (Optional)

Last 25 Comments

entertainment iconEntertainment

See all Latest news in Entertainment

entertainment iconBusiness

See all Latest news in Business

entertainment iconPolitics

See all Latest news in Politics

entertainment iconSports

See all Latest news in Sports

Home | Disclaimer | Tell a Friend | Contact Us | Privacy Policy | Terms of Use | Terms and conditions | Feedback | Help
© 2007-08 IndiaID.com. All rights reserved. Version 2.0