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Implications of Union Budget on the Oil & Gas Sector – Seminar at Mumbai |
For the fifth consecutive year, a Senior Management Meet on ‘Implications of Union Budget on the Oil & Gas Sector’ was organised at Mumbai in knowledge partnership with member company PricewaterhouseCoopers (PwC) on March 2, 2010.
The session was chaired by Shri P. Raghavendran, President (Refinery Business), RIL and Vice Chairman, PetroFed. The keynote address was delivered by Dr. Siddhartha Roy, Economic Advisor, Tata Group on ‘Budget in the Current Economic Context’. The participants were earlier welcomed by Shri S. L. Das, Director (BD&C), PetroFed.
The detailed implications of the Union Budget on the Oil and Gas Sector for Direct Tax and Indirect Tax were presented by Shri Rahul Garg, Direct Tax Leader & Executive Director, PwC and Shri Dharmesh Panchal, Executive Director, PwC respectively.
The industry perspective was presented by Shri R.G. Subramanian, Convenor, Tariff, Duties & Taxes Committee, PetroFed and Sr. Vice President (Commercial), RIL.
A lively debate followed the presentations and it was suggested by Session Chairman that a Post Budget Memorandum should be sent to the Government.
Click here to view presentations and published brochure.
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Mr. S. L. Das, Director (BD&C), PetroFed welcoming the participants. Others (L-R): Dr. Siddhartha Roy, Economic Advisor, Tata Group; Shri P. Raghavendran, President (Refinery Business), RIL and Vice Chairman, PetroFed; Shri Rahul Garg, Direct Tax Leader & Executive Director, PwC; Shri R.G. Subramanian, Convenor, Tariff, Duties & Taxes Committee, PetroFed and Sr. Vice President (Commercial), RIL; Shri Dharmesh Panchal, Executive Director, PwC (Partially hidden). |
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Session Chairman, Shri P. Raghavendran, President (Refinery Business), RIL and Vice Chairman, PetroFed delivering opening remarks. Seated (L-R): Shri S. L. Das, Director (BD&C), PetroFed; Dr. Siddhartha Roy, Economic Advisor, Tata Group. |
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Dr. Siddhartha Roy, Economic Advisor, Tata Group delivering his keynote address.
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A section of the participants.
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Shri Rahul Garg, Direct Tax Leader & Executive Director, PricewaterhouseCoopers giving his perspective on Direct Tax. Seated (L-R): Shri S. L. Das, Director (BD&C), PetroFed; Dr. Siddhartha Roy, Economic Advisor, Tata Group; Shri P. Raghavendran, President (Refinery Business), RIL and Vice Chairman, PetroFed; Shri R.G. Subramanian, Convenor, Tariff, Duties & Taxes Committee, PetroFed and Sr. Vice President (Commercial), RIL; Shri Dharmesh Panchal, Executive Director, PwC .
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Shri Dharmesh Panchal, Executive Director, PwC giving his outlook on Indirect Tax. Others (L-R): Shri S. L. Das, Director (BD&C), PetroFed; Dr. Siddhartha Roy, Economic Advisor, Tata Group; Shri P. Raghavendran, President (Refinery Business), RIL and Vice Chairman, PetroFed; Shri Rahul Garg, Direct Tax Leader & Executive Director, PwC; Shri R.G. Subramanian, Convenor, Tariff, Duties & Taxes Committee, PetroFed and Sr. Vice President (Commercial), RIL.
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Shri R.G. Subramanian, Convenor, Tariff, Duties & Taxes Committee, PetroFed and Sr. Vice President (Commercial), RIL giving industry perception. Others (L-R): Shri S. L. Das, Dr. Siddhartha Roy, Shri P. Raghavendran, Shri Rahul Garg and Shri Dharmesh Panchal.
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A query being raised by Shri Ashok Aggarwal, Advisor, Essar Oil Limited.
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Session Chairman, Shri P. Raghavendran replying to a query.
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Session Chairman, Shri P. Raghavendran, President (Refinery Business), RIL and Vice Chairman, PetroFed delivering concluding remarks.
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