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Windfall Tax On Oil News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Centre cuts windfall tax on petroleum crude oil to Rs 4,100 per tonne

The government has scrapped the windfall tax on petrol, diesel and aviation turbine fuel at zero.

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Centre reimposes windfall tax on crude oil, at Rs 6,400 per tonne; scraps duty on diesel

The windfall tax on petrol and aviation turbine fuel (ATF) continues to be zero.

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Windfall gains tax on domestic crude slashed to nil, halved to 50 paise per litre on diesel exports

This is the first instance of the tax on domestic crude, which is in the form of special additional excise duty, being reduced to zero.

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Govt slashes windfall tax on diesel, ATF; cuts tax on domestic crude oil exports

The Finance Ministry last revised windfall tax on crude oil output and diesel exports on December 1.

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Govt reduces windfall tax on crude oil from Rs 13,000 to Rs 10,500 per tonne

These new rates would come in action from Saturday (September 17), the government notification added.

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