Thursday, Aug 11, 2022 | Last Update : 04:51 AM IST

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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

01 Jan 2019 3:49 PM

BPCL seeks extra Iran oil amid sanctions threat

So far India’s oil imports and payment mechanism have not been hit by the threat of US sanctions.

02 Jun 2018 11:18 AM

Reliance to halt oil imports from Iran: sources

In 2017, Reliance’s oil imports from Iran surged by about 45 per cent to 67,000 bpd, according to ship tracking data.

31 May 2018 10:51 AM

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