windfall tax

New Delhi: The Centre on Monday increased the windfall tax on domestically produced crude oil to ₹2,100 per tonne from the existing ₹1,700.The revised tax rate is effective from January…
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New Delhi: The Centre expects to meet or even do better than the budgeted FY23 fiscal deficit target, pegged at 6.4% of GDP, on the back of buoyant revenues, officials said. Several…
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Image Source : FILE/REPRESENTATIVE At that time, export duties of Rs 6 per litre (USD 12…
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The Centre today slashed the windfall tax on export of locally produced crude oil to Rs 9,500 per tonne from Rs 11,000 per tonne. However, windfall tax on exports of aviation fuel has…
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Industries’ oil-to-chemicals (O2C) business in the September quarter has borne the brunt of headwinds faced by the energy market, and this is expected to weigh on its overall earnings,…
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Image Source : PTI Govt cuts windfall tax on fuel export, raises levy on domestic crude oil HighlightsThe tax on export of diesel was cut to Rs 5 per litre from Rs 11 The tax on…
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Mumbai: Shares of Reliance Industries () declined 3.31% to Rs 2,420.15 as its June quarter earnings belied Street estimates and brokerages trimmed earnings estimates on the stock. The…
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Billionaire Mukesh Ambani’s . and state-run Oil & Natural Gas Corp. are unlikely to suffer a “material” dent to their credit quality from India’s decision to levy additional taxes…
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Image Source : PTI Windfall tax to recoup most of Rs 1 lakh crore revenue lost in excise cuts The windfall tax on oil produced within India and fuel exported overseas will make up…
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