TAG: windfall tax
Govt cuts windfall tax on crude oil by 36%, to ₹4,100 per tonne
The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday cut the windfall tax on crude oil production by about 36% to ₹4,100 a tonne amid softening global oil prices. Since 19 April, when the price was last revised, the windfall tax levied as...
6 months ago
Govt scraps windfall tax on petroleum crude as global prices cool
The Union government has cut the windfall tax on petroleum crude to zero from 1,850 rupees per metric ton, effective from September 18, a notification issued on September 17 showed.The government reviews the windfall tax every fortnight, and the cut comes...
4 weeks ago