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...

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...

Sensex jumps 777 points; RIL, ONGC surge after cut in windfall tax

Jul 20, 2022

Mumbai (Maharashtra) [India], July 20 : The Indian stock market's key indices rallied by around one-and-a-half per cent on Wednesday led by a strong...

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 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 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...