Govt scraps windfall tax on petrol, diesel exports

Govt Scraps Windfall Tax On Crude, ATF, Petrol, And Diesel
The windfall tax, introduced in July 2022, was designed to capture extraordinary gains made by producers amid surging global crude oil prices
Govt scraps windfall tax on petrol, diesel exports; big relief for Reliance, ONGC
The government has abolished the windfall tax on aviation turbine fuel, crude products, petrol, and diesel after extensive deliberations. This decision is a relief for oil giants like Reliance and ONGC.
Windfall gains tax on oil production, diesel-petrol export removed: The impact, explained
Windfall gains tax” referred to cesses imposed on fuel exports and domestic crude oil production to tax super-normal profits of fuel exporters and oil producers. Here is what its removal may signal from the government.
Govt abolishes windfall tax on crude oil, ATF, petrol, and diesel exports
The govt has withdrawn the Road and Infrastructure Cess on petrol and diesel exports to ease financial pressure on the oil sector
India scraps windfall tax on crude products, aviation fuel, petrol, diesel exports
India has scrapped a windfall tax on crude products, aviation turbine fuel, and petrol and diesel exports, a government order said on Monday. Reuters reported on Thursday, citing a federal government source,
Govt scraps windfall tax on ATF, crude products, diesel and petrol products
Imposed in July 2022, the windfall tax is a special levy on domestic crude oil production, introduced after rising global crude prices, to capture revenue from windfall gains made by producers
ONGC, Oil India, Reliance share price rise: Upsteam oil producers to benefit most from windfall tax being scrapped
Oil and Natural Gas Corporation , Oil India, Reliance Industries among othes saw their share price rise up to 3% durng the intaday trades on Tuesday. The removal of Windfall tax by the government is l
India's finance ministry evaluating removal of windfall tax, govt source says
India's finance ministry is evaluating the relevance of windfall tax, a federal government source said on Thursday.
Government scraps windfall tax on crude, petrol, diesel exports
The government has revoked the windfall tax on crude oil and fuel exports, responding to industry demands amid falling international oil prices.
Govt scraps windfall tax on local crude sales, petroleum product exports
The finance ministry has taken a series of steps signaling a shift in response to declining global oil prices and market conditions.
Irish Independent on MSN3h
Apple windfall pushes tax take towards record €100bn this year
Ireland is on course to collect more than €100bn in tax this year, boosted by the Apple money windfall, exchequer figures ...
Swarajya2d
Windfall Tax On Oil And Fuel Exports Withdrawn After 2.5 Years As International Energy Prices Stabilise
The government has officially withdrawn the windfall gains tax—imposed as a Special Additional Excise Duty (SAED) on crude ...
Irish Corporate Tax Revenues up 59% in Year to End-November on Apple Tax
November is by far the most important month for company returns when around a quarter of the year's corporate tax is paid.
Spanish Government Raises Windfall Tax on Santander, BBVA
Prime Minister Pedro Sanchez is heading into a major stand-off with the Spain’s biggest banks after slapping them with an ...