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Oil Ministry demands extra duty of Rs 80,000 on diesel vehicles

“Political climate in India needs to get better. The government should focus on improving per capital income of people,” said Raghuram Rajan, well-known economist and Eric J. Gleacher Distinguished Professor of Finance at the Booth School of Business at t

Oil Minister S Jaipal Reddy asked Finance Minister Pranab Mukherjee to impose additional excise duty of Rs 80,000 on diesel vehicles and grant 10-year tax holiday for oil and gas hunt and refineries in the forthcoming Union Budget.
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