FIPI - Federation of Indian Petroleum Industry

Shri Rajiv Bahl, Director (Finance, Taxation & Legal), PetroFed greeting Shri B. Ashok, Chairman, IndianOil and Chairman, PetroFed.

Shri A.K. Sharma answering a query.

Shri N.K. Bansal, Director (Oil Refining & Marketing), PetroFed raising a query.

A section of the participants.

Standing (L-R) Shri Rajiv Bahl, Director (Finance, Taxation & Legal), PetroFed; Shri Priyajit Ghosh, Indirect Tax Specialist; Shri Nabin Ballodia, Partner, KPMG; Shri Subir Purkayastha, Director (Finance), GAIL; Shri A.K. Sharma, Director (Finance), IOCL; Ms. Bela Mao Sheth, Tax Director, Shell India; Dr. R.K. Malhotra, DG, PetroFed.

Ms. Bela Mao Sheth, Tax Director, Shell India presenting private sector perspective.

Shri Subir Purkayastha, Director (Finance), GAIL presenting gas sector perspective.

Shri A.K. Sharma, Director (Finance), IOCL presenting downstream industry perspective.

Session in Progress.

Shri Priyajit Ghosh presenting Indirect Tax Implications of the Union Budget.

Shri Nabin Ballodia, Partner, KPMG presenting Budget Implications on Direct Tax.

Shri B. Ashok, Chairman, PetroFed and Chairman, IndianOil delivering opening remarks.

Dr. R.K. Malhotra, DG, PetroFed welcoming the participants.

Shri Rajiv Bahl, Director (Finance, Taxation & Legal), PetroFed compering the event.

01-March-2016

Implications of the Union Budget 2016 on the Oil & Gas Sector - Delhi

PetoFed organized Senior Management Meet on ‘Implications of the Union Budget 2016 on the Oil & Gas Industry’ in knowledge partnership with KPMG on March 1, 2016 at New Delhi. The participants were welcomed by Dr. R.K. Malhotra, Director General, PetroFed.

Shri B. Ashok, Chairman, PetroFed and Chairman, IndianOil gave opening remarks. The detailed implications of the Union Budget on the Oil & Gas Sector for Direct Tax and Indirect Tax were presented by Shri Nabin Ballodia, Partner, KPMG and Shri Priyajit Ghosh, Indirect Tax Specialist respectively.

The industry perspective for the downstream, gas and private sector was presented by Shri A.K. Sharma, Director (Finance), IOCL; Shri Subir Purkayastha, Director (Finance), GAIL and Ms. Bela Mao Sheth, Tax Director, Shell India respectively.

The event was attended by senior industry leaders from the Oil & Gas sector, who keenly listened to the experts from KPMG. The question and answer session invoked a healthy debate on the economy and implications of the Budget on oil & gas sector.

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Implications of the Union Budget 2016 on the Oil & Gas Sector - Delhi

Shri Rajiv Bahl, Director (Finance, Taxation & Legal), PetroFed greeting Shri B. Ashok, Chairman, IndianOil and Chairman, PetroFed.

Shri A.K. Sharma answering a query.

Shri N.K. Bansal, Director (Oil Refining & Marketing), PetroFed raising a query.

A section of the participants.

Ms. Bela Mao Sheth, Tax Director, Shell India presenting private sector perspective.

Shri Subir Purkayastha, Director (Finance), GAIL presenting gas sector perspective.

Shri A.K. Sharma, Director (Finance), IOCL presenting downstream industry perspective.

Session in Progress.

Shri Priyajit Ghosh presenting Indirect Tax Implications of the Union Budget.

Shri Nabin Ballodia, Partner, KPMG presenting Budget Implications on Direct Tax.

Shri B. Ashok, Chairman, PetroFed and Chairman, IndianOil delivering opening remarks.

Dr. R.K. Malhotra, DG, PetroFed welcoming the participants.

Shri Rajiv Bahl, Director (Finance, Taxation & Legal), PetroFed compering the event.

Implications of the Union Budget 2016 on the Oil & Gas Sector - Delhi

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