Any income a foreign company receives in an Indian bank account is subject to a withholding tax of 40 per cent
1 Jan 2019 3:49 PM IST
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 IST
So far India's oil imports and payment mechanism have not been hit by the threat of US sanctions.
2 Jun 2018 11:18 AM IST
