oil payment

Govt exempts rupee payments for Iran oil from taxes

Any income a foreign company receives in an Indian bank account is subject to a withholding tax of 40 per cent

India will pay in rupees for Iran oil post-US sanctions

The Reserve Bank of India (RBI) has given its nod to Iranian Bank Pasargad to set up a branch in Mumbai.

Sudan wants ONGC Videsh to withdraw arbitration over oil payment dues

At the centre of dispute is ONGC’s 25 per cent stake that the company had acquired in GNOP in Sudan in 2003.

1 of 1