An Indian ministerial panel on the country’s goods and services tax will consider taxing petroleum products under one national rate, consistent with people conversant in the matter, opening the door for a possible major change in consumer prices and government income. The panel, headed by the minister of finance Nirmala Sitharaman, will examine the proposal at its meeting Friday after an Indian court asked for the interest to be haunted, the people said, requesting to not be identified because the agenda of the meeting isn’t public. A spokesperson for the finance ministry didn’t immediately answer involves comment.
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