Authorities cuts windfall tax on petroleum crude


Windfall tax minimize on petroleum crude oil: The federal government left the windfall tax on petrol, diesel and aviation turbine gas at zero. The federal government revises tax charges fortnightly primarily based on oil value fluctuations.

Windfall tax minimize on petroleum crude oil: The federal government has minimize the windfall tax on petroleum crude to 4,100 rupees ($50.14) per tonne from 6,400 rupees per tonne. Picture: Reuters

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