Authorities Hikes Windfall Tax On Crude Oil


India has elevated the windfall tax on crude oil whereas concurrently lowering the taxes imposed on diesel and aviation turbine gasoline, as per an official authorities notification.The federal government introduced an elevation within the windfall tax on petroleum crude oil, elevating it from Rs 1,300 to Rs 2,300 per tonne.The federal government eliminated the tax of Rs 0.5 per litre on diesel and likewise eliminated a Rs 1 per litre windfall tax on aviation gasoline.

Supply hyperlink

rn
rn
Source link ","writer":{"@sort":"Particular person","title":"Index Investing Information","url":"https://indexinvestingnews.com/writer/projects666/","sameAs":["http://indexinvestingnews.com"]},"articleSection":["Financial"],"picture":{"@sort":"ImageObject","url":"https://media.assettype.com/bloombergquint/2024-01/4572402d-2c5b-47ed-9696-890c11944d76/delfino_barboza_ky_nKaKcG3A_unsplash.jpg?rect=0,76,4032,2117&w=1200&auto=format,compress&ogImage=true","width":1920,"top":0},"writer":{"@sort":"Group","title":"","url":"https://indexinvestingnews.com","emblem":{"@sort":"ImageObject","url":""},"sameAs":["https://www.facebook.com/Index-Investing-News-102075432474739","https://twitter.com/IndexInvesting_"]}}



Source link

Related articles

Dell Applied sciences World 2025 — all the most recent information and updates dwell

Howdy and welcome to our dwell protection of Dell Applied sciences World 2025.We're on the bottom in Las Vegas for this yr's occasion, and are all set for an occasion which can make...

The weekend information hasn’t been nice for market confidence

The weekend began off with a bang because the US credit standing was downgraded by Moody's late within the day. That may begin issues on a mushy footing however a couple of developments...

Bitcoin Worth Watch: Market Hovers Under $104K as Merchants Eye Breakout

Bitcoin traded at $103,895 on Might 18, 2025, with a complete market capitalization of $2.064 trillion. The 24-hour buying and selling quantity reached $19.865 billion, with an intraday vary between $102,771 and $104,002,...

Halliburton, Rhino Sources ship two wells in Orange Basin, offshore Namibia

Halliburton and Rhino Sources have delivered two exploration wells inside Petroleum Exploration License (PEL) 85 offshore Namibia, the businesses introduced this week. ...

‘Bitcoin Commonplace’ writer backs funding dev to make spamming Bitcoin pricey

Economist and writer of The Bitcoin Commonplace, Saifedean Ammous, has weighed in on the continued debate over spam inscriptions on the Bitcoin community, suggesting he would “throw in just a few sats” to fund...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com