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India scraps windfall taxes on petroleum export after OPEC's decision to cut oil production

India scraps windfall taxes on petroleum export after OPEC's decision to cut oil production
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Windfall Tax On Diesel Export Hiked To Re 1 Per Litre

The government raised the tax on the export of diesel to Re 1 per litre from Rs 0.50. ....

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Centre Slashes Windfall Tax On Domestic Crude To Rs 3,500 Per Tonne

The Ministry of Finance on Monday late night revised the windfall tax on locally produced crude oil to Rs 3,500 per tonne from Rs 4,400 per tonne. There s also a marginal increase in the export duty on diesel, i.e., hiked from to Re 1 per litre from Rs 0.50. The taxes are reviewed every fortnight. The new rate would be applicable from 21 March 2023. aaa ....

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