India cuts windfall tax on crude oil

Jul 20, 2022

New Delhi [India], July 20 : The central government on Wednesday cut the windfall tax on crude oil to Rs 17,000 per tonne from...

India cuts all windfall tax on crude oil

Apr 04, 2023

The central government has withdrawn all windfall tax on crude oil with immediate effect, according to a government notification.

India cuts windfall tax on crude oil, hikes for aviation fuel, diesel

Nov 02, 2022

The notification containing the revised tax structure shall come into force immediately from today.

Centre cuts windfall tax on crude oil to Rs 4,350/tn from Rs 5,050/tn

Feb 16, 2023

According to a notification from the central government, it was learnt that the additional excise duty on ATF was also cut to Rs 1.5...

Share prices of oil companies up after windfall tax cut

Jul 20, 2022

New Delhi [India], July 20 : Soon after the government announced the reduction in windfall tax on crude oil, the share prices of major...

India increases windfall tax on petroleum crude

Jul 02, 2024

A tax levied on an unforeseen or unexpectedly large profit is called a windfall tax.