Wednesday, 30 September 2026Updated 19m ago
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Policy● Neutral for Indian equities

Draft Petroleum Bill Proposes Up To Rs 25 Crore Fine, Jail Time For Unlicensed Operations

1 source · first seen 16:49 30 Sept · updated 16:49 30 Sept

The brief

Written from 1 report · check the source before you trade
  • Draft law proposes fines of up to Rs 25 crore and jail for unlicensed petroleum operations
  • Minor breaches may be decriminalised
  • Potential compliance costs and penalties matter to Indian oil, gas and fuel companies

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Fuel prices15 todayRefining margins6 today

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Read the reports

1 report · earliest 16:49
NDTV ProfitDraft Petroleum Bill Proposes Up To Rs 25 Crore Fine, Jail Time For Unlicensed Operations16:49