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Diesel fuel, Windfall Tax
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.
Windfall Tax On Oil And Fuel Exports Withdrawn After 2.5 Years As International Energy Prices Stabilise
The government has officially withdrawn the windfall gains tax—imposed as a Special Additional Excise Duty (SAED) on crude oil production and exports of diesel, petrol, and aviation turbine fuel (ATF)—after nearly two-and-a-half years.
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
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.
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,
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
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The govt has withdrawn the Road and Infrastructure Cess on petrol and diesel exports to ease financial pressure on the oil sector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'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.
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Researchers propose unprecedented tax on one industry to solve glaring issue: 'The governments have the ability'
"Taxing superprofits could tamper and phase down investment." Researchers propose unprecedented tax on one industry to solve ...
10h
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.
3h
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 — ...
Fortune India
2d
Centre abolishes windfall tax on fuel exports and road & infra cess; here’s why
The Ministry of Finance has abolished the windfall tax on crude oil, aviation turbine fuel (ATF), and exports of diesel and ...
13d
on MSN
Spain's lower house approves tax package extending bank windfall tax
Spanish lawmakers were set to vote on Thursday on the government's new tax plans, which include extending a temporary levy on ...
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