India cuts windfall tax on petroleum crude to ₹5,700 per metric ton from today
There is no change in windfall tax for diesel and aviation turbine fuel (ATF), as per a government notification.
Source: livemint.com
Special Additional Excise Duty News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Special Additional Excise Duty. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Special Additional Excise Duty Today - Breaking & Trending Today
Govt Slashes Windfall Tax on Domestic Crude to Rs 5,700/tonne
India first imposed windfall profit taxes on July 1, 2022, joining a host of nations that tax supernormal profits of energy companies.
Source: news18.com
Govt Cuts Windfall Tax on Crude Petroleum
The tax is levied in the form of Special Additional Excise Duty (SAED).
Source: news18.com
Govt raises windfall tax on crude petroleum to Rs 6,800/tonne from Rs 4,900/tonne
Before this, the government on March 15 increased windfall tax on crude petroleum to Rs 4,900/tonne from Rs 4,600/tonne.
Source: moneycontrol.com
windfall tax: Govt hikes windfall tax on crude petroleum to Rs 6,800 per tonne
The government has increased the windfall tax on domestically produced crude oil to Rs 6,800 per tonne from Rs 4,900 per tonne, effective from April 4. This tax, implemented as Special Additional Excise Duty (SAED), aims to regulate the petroleum industry and ensure the prioritization of domestic fuel over exports. Notably, the export duty on diesel, petrol, and ATF will remain at zero.
Source: indiatimes.com