{"id":303232,"date":"2017-03-20T15:17:19","date_gmt":"2017-03-20T15:17:19","guid":{"rendered":"http:\/\/citifmonline.com\/?p=303232"},"modified":"2017-03-20T15:17:19","modified_gmt":"2017-03-20T15:17:19","slug":"omcs-reduce-prices-to-reflect-tax-cuts","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/03\/omcs-reduce-prices-to-reflect-tax-cuts\/","title":{"rendered":"OMCs reduce prices to reflect tax cuts"},"content":{"rendered":"
Citi Business News\u2019<\/strong> checks at fuel stations have revealed that major Oil Marketing Companies (OMCs) have reduced the prices of their products for the second consecutive time this month; March.<\/p>\n
[contextly_sidebar id=”0dR4E3kPO3kun4ab7t48zUzJsjclJC7Q”]The reduction is in line with the recent tax cuts announced by the government in the 2017 budget.<\/p>\n
The OMCs earlier in the second pricing window of March reduced the prices of their products between 1 and 3 percent.<\/p>\n