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Govt scraps windfall tax on petrol, diesel exports
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 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 tax on domestic oil, fuel exports scrapped with immediate effect
Classified as special additional excise duty (SAED), the windfall tax was levied on domestically produced crude oil on July 1, 2022, and was designed to tax the profits a company derives from the energy price rise as a result of the Russia-Ukraine conflict.
Govt scraps windfall profit tax on domestic crude oil, export of fuels
Government scraps windfall profit tax on crude oil and fuel exports due to declining international oil prices.
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 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The govt has withdrawn the Road and Infrastructure Cess on petrol and diesel exports to ease financial pressure on the oil sector
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
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 Petrol, Diesel Crude Exports: These Stocks Stand To Gain - List
The government, on Monday, scrapped the windfall tax on exports of petrol, diesel and ATF. The move will benefit domestic refineries such as Reliance Industries Limited (RIL), Oil and Natural Gas Corporation ( ONGC ),
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.
Govt scraps windfall tax on domestic crude, petrol and diesel exports
On Monday, the revenue department rescinded the June 30, 2022 notification that levied windfall tax due to decline in global oil prices
Swarajya
2d
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 ...
6d
on MSN
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.
2h
Ireland urged to set aside more of its corporate tax windfall
The warning comes as the country’s two main coalition partners — the centrist Fianna Fáil party, which emerged the strongest from last Friday’s general election, and the centre-right Fine Gael party — ...
12d
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 ...
9h
on MSN
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.
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