Tuesday, August 16, 2011

IOC’s Paradip refinery expected to start in Q1-2013, a year behind schedule

State-owned Indian Oil Corporation’s (IOC) Paradip Refinery in Orissa is expected to be completed one year after the pre-decided schedule in Q1-2013. This delay could pose some tax problems for IOC. TThe seven year income tax holiday for the refining sector ends next year.

For more details on IOC’s Paradip refinery expected to start in Q1-2013, a year behind schedule click here

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1 comments:

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