Windfall Tax

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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  The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.

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  Windfall Tax On Crude Petroleum Cut To Zero

  The government on Tuesday slashed windfall tax on domestically produced crude oil to 'nil' per tonne with effect from September 18.

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  Windfall Tax On Crude Petroleum Hiked To Rs 7,000 Per Tonne

  The government on Monday hiked the windfall tax on domestically produced crude oil to Rs 7,000 per tonne, from Rs 6,000 per tonne.

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  US Man Wins $400,000 Lottery Prize After Seeing Friend's Social Media Post

  After taxes, he took home $286,001 of his winnings. There are still four $400,000 top prizes remaining in the game, which debuted in April.

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  Centre Cuts Windfall Tax On Petroleum Crude, New Rates Effective From Today

  India has cut the windfall tax on petroleum crude to 5,700 rupees ($68.34) per metric ton from 8,400 rupees with effect from May 16, according to a notification issued on Wednesday.

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  Windfall Tax On Crude Oil Hiked And Cut For Aviation Fuel

  The government has increased the windfall tax on petroleum crude to 10,000 rupees ($120.36) per ton from 6,700 rupees, effective September 16, according to a government notification on Friday.

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  Government Cuts Windfall Gains Tax On Domestic Crude Oil To Nil

  The government has cut windfall gains tax on domestically-produced crude oil to nil while continuing the rate at zero on the export of diesel and ATF.

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  Centre Cuts Windfall Tax On Crude Oil To Zero

  India cut its windfall tax on crude oil to zero from 3,500 rupees ($42.56) a tonne and halved the tax on diesel to 0.5 rupee per litre, a government notification said today.

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  Windfall Tax On Crude Oil, Aviation Fuel Cut, New Rates To Come Into Effect From February 16

  The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 4,350 per tonne from Rs 5,050 per tonne, the order dated February 15 said.

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  Centre Cuts Windfall Tax On Aviation Fuel, Diesel Exports, New Rates Effective From January 17

  The government has also reduced the tax on export of diesel to Rs 5 per litre, from Rs 6.5 and the same on overseas shipments of ATF to Rs 3.5 a litre, from Rs 4.5 a litre.

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  Centre Raises Windfall Profit Tax On Crude Oil, Diesel Exports; New Rates To Apply From January 3

  Tax rates were cut at the last fortnightly review on December 16, following a decline in global crude oil prices. International oil prices have since then firmed up, necessitating the raising of windfall tax.

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  Windfall Tax On Domestic Crude Oil Slashed By 65%

  The centre cut its windfall tax on locally produced crude oil and aviation turbine fuel (ATF) and reduced the export tax on diesel.

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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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  Windfall Profit Tax On Crude Oil Hiked And Cut For Diesel Exports

  The government on Wednesday hiked windfall tax on domestically produced crude oil while reducing the rate on export of diesel.

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  ONGC Reports 30% Drop In Profit To Rs 12,826 Crore On Windfall Tax

  Oil and Natural Gas Corporation (ONGC) reported 30 per cent fall in net profit for September quarter.