India windfall tax reduction

India Reduces Windfall Tax on Petroleum Crude: Impact & Implications

India Reduces Windfall Tax on Petroleum Crude: Impact on Economy and Consumers The Indian government’s decision to reduce the windfall tax on petroleum crude has significant implications for both the economy and consumers. This move comes amidst rising concerns over inflation and the impact of high fuel prices on various sectors. Let’s delve deeper into…

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Windfall tax increase

Govt Increases Windfall Tax on Crude Oil and Diesel, Reinstates Tax on Overseas ATF Shipments

Govt Increases Windfall Tax on Crude Oil and Diesel, Reinstates Tax on Overseas ATF Shipments In a recent development, the government has taken a significant step by increasing the windfall tax on crude oil and diesel, while also reinstating the tax on overseas Aviation Turbine Fuel (ATF) shipments. This move has garnered attention from various…

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