The taxes were introduced on July 1, as the government felt that the elevated crude prices were allowing oil companies to make...
The windfall tax is unlikely to be nil in the near term but lower excise duty is likely Days after the government...
Awindfall gains tax is imposed by governments on specific industries when economic conditions permit those companies to generate earnings that are much...
The changes will be effective from December 2, it said. According to PPAC data, the Indian basket of crude oil averaged $87.55...
The government on Wednesday hiked windfall tax on domestically produced crude oil while reducing the rate on export of diesel. The government...
In the fortnightly revision of windfall tax, the government hiked the rate on export of diesel to Rs 13 per litre from...
Finance minister Nirmala Sitharaman on Monday said windfall tax on petroleum products, crude is not ad hoc, but being charged in regular...
Domestic crude producers sell crude to domestic refineries at international parity prices and are making windfall gains as a result of high...