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Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
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Russia Extends Petrol Exports Ban Until 2025 To "Maintain Stable Situation"
The Russian government announced Wednesday that it was reintroducing a ban on petrol exports for another six months to "maintain a stable situation" on the domestic fuel market after major price hikes.
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Tax On Windfall Profits Made By Oil Companies To Be Phased Out In 2023: Fitch Ratings
The tax rates are revised every fortnight based on prevailing international rates. The levy on petrol export has since been abolished.
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Fuel Export Curbs, Tax Hike To Intensify Global Diesel, Petrol Shortage
India's latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline (petrol) exports in the second half of the year, keeping global supplies tight and underpinning prices, traders and analysts said.
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Windfall Tax On Oil Firms To Compensate Most Losses From Excise Cut On Fuel
The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of the revenue that the government lost when it cut excise duty on petrol and diesel to cool soaring inflation, industry sources said.
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Carnage For Reliance, ONGC Shares After Hike In Fuel Export Duty And Windfall Tax
Reliance Industries and ONGC shares were hammered on Friday after thegovernment imposed export taxes on petrol, diesel and a windfall tax on domestic crude oil to boost internal supplies.
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New Export Tax On Petrol, Diesel And Windfall Tax On Domestic Crude Oil
The government on Friday slapped a Rs 6 per litre tax on exports of petrol and ATF and Rs 13 per litre on exports of diesel.
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Government's Measures To Combat Inflation May Hurt Growth
India's export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening
-
Indian Economy Like A Car With 3 Tyres Punctured: P Chidambaram
Indian economy has become like a car whose three tyres are punctured, former finance minister P Chidambaram said today in Thane as he attacked the Narendra Modi government on rising petroleum prices and other issues.
-
Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
-
Russia Extends Petrol Exports Ban Until 2025 To "Maintain Stable Situation"
The Russian government announced Wednesday that it was reintroducing a ban on petrol exports for another six months to "maintain a stable situation" on the domestic fuel market after major price hikes.
-
Tax On Windfall Profits Made By Oil Companies To Be Phased Out In 2023: Fitch Ratings
The tax rates are revised every fortnight based on prevailing international rates. The levy on petrol export has since been abolished.
-
Fuel Export Curbs, Tax Hike To Intensify Global Diesel, Petrol Shortage
India's latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline (petrol) exports in the second half of the year, keeping global supplies tight and underpinning prices, traders and analysts said.
-
Windfall Tax On Oil Firms To Compensate Most Losses From Excise Cut On Fuel
The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of the revenue that the government lost when it cut excise duty on petrol and diesel to cool soaring inflation, industry sources said.
-
Carnage For Reliance, ONGC Shares After Hike In Fuel Export Duty And Windfall Tax
Reliance Industries and ONGC shares were hammered on Friday after thegovernment imposed export taxes on petrol, diesel and a windfall tax on domestic crude oil to boost internal supplies.
-
New Export Tax On Petrol, Diesel And Windfall Tax On Domestic Crude Oil
The government on Friday slapped a Rs 6 per litre tax on exports of petrol and ATF and Rs 13 per litre on exports of diesel.
-
Government's Measures To Combat Inflation May Hurt Growth
India's export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening
-
Indian Economy Like A Car With 3 Tyres Punctured: P Chidambaram
Indian economy has become like a car whose three tyres are punctured, former finance minister P Chidambaram said today in Thane as he attacked the Narendra Modi government on rising petroleum prices and other issues.
