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Crude Oil - India cuts windfall tax by 9.5% on domestic crude oil on a fall in international prices
The government of India on Monday cut windfall tax by 9.5 percent on domestically produced crude oil due to a decline in the energy prices in the international markets. The move is just to align the ...
Government cuts windfall tax on crude oil, export of diesel, ATF
The levy on crude oil produced by companies such as Oil and Natural Gas Corporation has been cut to Rs 1,900 per tonne from Rs 2,100 per tonne, the order dated January 16, said.
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The Centre cut windfall tax on crude to Rs 1,900 ($23.28) per tonne from Rs 2,100 per tonne, effective January 17.
Crude oil rises despite gloomy outlook from WEF
Brent crude oil and MCX futures traded higher on Tuesday morning, though the market mood was overshadowed by the Chief Economists’ Outlook report released at the World Economic Forum (WEF) in Davos.
Centre Slashes Windfall Tax On Crude Oil As Prices Slip Globally
The India government has cut the windfall tax on locally sourced crude oil to Rs 1,900 per tonne, , oil prices, windfall tax, crude oil ...