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Oil price hike with GST effect
June 17, 2018

Oil price hike with GST effect

Though the recent hike in oil prices took a toll on the citizens, it seems that the newly implemented GST system boosted the revenue collected by the state governments in India. Conferring with a report presented by SBI Research, 16 out of the 24 states which follow GST system saw an increase in their revenue collection above 14%, below which the states have to be compensated.

   Read More About : Crude Oil India Oil Prices GST Revenue Oil Supply
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