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.

India slashes windfall tax on petroleum crude

May 01, 2024

The central government has reduced windfall tax on crude petroleum, according to a government notification. The special additional excise duty (SAED) on crude petroleum...

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The central government has withdrawn all windfall tax on crude oil with immediate effect, according to a government notification.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

May 16, 2024

India started the windfall tax on crude oil producers and on exports of gasoline, diesel and the aviation fuel in July 2022, reportedly to...

Sharp cut in windfall tax on crude petroleum, effective today

Aug 17, 2024

The windfall tax on petroleum crude will be reduced to Rs 2,100 per metric ton from Rs 4,600 per ton, according to an official...