Showing results for "#windfall tax"
Govt hikes windfall tax on crude, cuts levy on diesel
On petrol and jet fuel or ATF, the levy has been retained at nil. The new rates are effective from March 1. India first imposed windfall profit taxes...
Govt hikes windfall tax on crude petroleum, diesel; applicable from...
It has also increased the windfall tax on diesel to Re.1 per litre from zero.
Windfall tax on petro products, crude not ad hoc: FM
“The very idea was implemented after taking the industry into full confidence,” she said at a function organised by Elara Capital.
Govt cuts windfall tax on diesel, ATF export
The tax on the export of diesel was cut to Rs 5 per litre from Rs 11, according to an official notification issued on Tuesday evening. Export of...
Govt slashes windfall tax on fuel export, crude oil
While the Rs 6 a litre export duty on petrol was scrapped, the tax on the export of diesel and jet fuel (ATF) was cut by Rs 2 per litre each to Rs 11...
Will drop windfall tax if oil prices fall $40/barrel: Revenue Secy
The tax on firms that have increased product exports to gain from higher overseas margins took effect on July 1, as the government moves to boost...
Windfall tax: $12 margin hit for Reliance; Centre gains $1.3 trn
While the export tax will be applicable on only-for-exports refinery of Reliance Industries (RIL), the restriction on product exports wherein at least...
Export tax on petrol, diesel; crude oil to have windfall tax
The government imposed a Rs 6 per litre tax on export of petrol and ATF and Rs 13 per litre tax on export of diesel, finance ministry notifications...
