Budget should lay roadmap on oil subsidies: Motilal Oswal

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  • Published On: February 23, 2011
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Rajat Rajgarhia, director (Research), Motilal Oswal Securities, says the markets do not have high expectations from Budget. On the oil duties front, Rajgarhia feels there is a need to moderate the customs/excise duties on petro products. He says the Budget must give clarity on oil subsidies and GST implementation.

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