https://www.taxtmi.com/news?id=51951 The government approved compensation to public sector oil marketing companies for under-recoveries on domestic LPG sales caused by high international prices, to cover losses incurred over the previous fifteen months. Payments will be made in twelve tranches and administered by the Ministry of Petroleum and Natural Gas to enable OMCs to maintain crude and LPG procurement, service debt, and sustain capital expenditure, with the objective of ensuring uninterrupted LPG supply and insulating consumers from global price volatility. en-us Fri, 08 Aug 2025 16:46:03 +0530 Fri, 08 Aug 2025 16:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51951 The government approved compensation to public sector oil marketing companies for under-recoveries on domestic LPG sales caused by high international prices, to cover losses incurred over the previous fifteen months. Payments will be made in twelve tranches and administered by the Ministry of Petroleum and Natural Gas to enable OMCs to maintain crude and LPG procurement, service debt, and sustain capital expenditure, with the objective of ensuring uninterrupted LPG supply and insulating consumers from global price volatility. News - Fri, 08 Aug 2025 16:46:03 +0530 https://www.taxtmi.com/news?id=51951