https://www.taxtmi.com/news?id=71685 Petroleum pricing, corporate tax collection, energy security, fiscal discipline and free trade deficits were raised during the Finance Bill debate. One side alleged that the government was avoiding a petrol and diesel price hike because of upcoming elections and questioned the gap between corporate tax and income tax collections, while the response defended the decision not to raise fuel prices and highlighted diversification of oil sourcing as part of energy security. The debate also criticised earlier enforcement of the Benami Transactions Act and minimum alternate tax, and questioned compliance with fiscal discipline and the trade deficit under free trade agreements. en-us Mon, 23 Mar 2026 19:31:03 +0530 Mon, 23 Mar 2026 19:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71685 Petroleum pricing, corporate tax collection, energy security, fiscal discipline and free trade deficits were raised during the Finance Bill debate. One side alleged that the government was avoiding a petrol and diesel price hike because of upcoming elections and questioned the gap between corporate tax and income tax collections, while the response defended the decision not to raise fuel prices and highlighted diversification of oil sourcing as part of energy security. The debate also criticised earlier enforcement of the Benami Transactions Act and minimum alternate tax, and questioned compliance with fiscal discipline and the trade deficit under free trade agreements. News - Mon, 23 Mar 2026 19:31:03 +0530 https://www.taxtmi.com/news?id=71685