All Strange Things About India and world
The rates are reviewed based on average oil prices in the last two weeks. (Representational)New Delhi: The government has raised the windfall profit tax levied on domestically produced crude oil…
Domestically-produced crude oil is priced at international rates.(File)New Delhi: Fitch Ratings today said it expects the five-month-old tax on windfall profits made by oil companies to be phased out in…
Tax changes to offset duty cut on fuel; boost tax mop-up over budget target: ReportMumbai: Changes in import duty and a windfall tax on fuel exports will offset duty cuts…
Windfall tax review more likely than expected after sharp fall in global crude pricesNew Delhi: A massive crash in refining margins of diesel, petrol and ATF coinciding with a cool-off…
The tax increase will reduce the profits of Indian crude producers and oil exporters, Moody’s said.New Delhi: The windfall taxes on domestic crude oil production and fuel exports will generate…
India to drop windfall tax if oil prices fall by $40 a barrelNEW DELHI: India will only withdraw its windfall tax introduced last week for oil producers and refiners if…
Petroleum Minister Hardeep Puri has said oil companies are staring at under-recoveriesNew Delhi: With fuel prices remaining unchanged for almost two months despite a rise in cost, oil companies have…