Showing results for "#windfall tax"
Windfall tax on crude petroleum slashed to Rs 3,250/tonne
India first imposed windfall profit taxes on July 1, 2022, joining a host of nations that tax supernormal profits of energy companies.
Govt ups windfall tax on crude, ONGC & OIL to take hit
The government has hiked the windfall tax on petroleum crude oil to Rs 2,300 ($27.63) a tonne from Rs 1,300 earlier, according to the official...
ONGC, OIL to gain as govt cuts windfall tax on crude oil
The windfall tax on petroleum crude was raised to Rs 12,100 a ton from Rs 10,000 with effect from September 30 as oil prices at the time had soared to...
Government hikes windfall tax on crude oil in fortnightly review
Windfall tax on export of diesel has also been reduced to Rs 5.5 per litre from Rs 6 per litre, while SAED on export of petrol will continue to be...
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.
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...