Government Of India Reduces Windfall Tax On Crude Oil Amid Falling Global Prices
The Government of India has slashed the windfall tax on petroleum crude from Rs 5,200 to Rs 3,250 per metric tonne, effective from 15 June.
Government Increases Windfall Tax On Crude Petroleum
India introduced windfall profit taxes on July 1, 2022, joining many other countries that tax energy businesses's above-average profits
Government Raises Windfall Tax On Domestic Crude, Lower Charges Diesel, ATF Exports
SAED on petrol will remain zero
Windfall Tax Cut To Nil From ₹4,100 On Domestic Crude Oil
From ₹4,100 per tonne, the government has cut the windfall tax to nil per tonne. As per the government’s notification, the aforementioned will be in effect from Tuesday.
Government Slashed Windfall Tax on Crude Oil to Rs. 4,100 per tone
Relief for oil companies as government slashes windfall tax to Rs. 4,100 per tonne
Government Revised Windfall Tax and Scrapped Export Duty on Diesel
Diesel Export Duty Eliminated and Windfall Tax on Local Crude Revised to Rs 6,400
Windfall Tax On Diesel Slashed To Rs 0.50 Per Litre, Nil On ATF
The new tax rates come into effect from March 4
