The tax is levied in the form of Special Additional Excise Duty (SAED) and is notified fortnightly based on average oil ...

The windfall tax on domestically produced crude oil will be slashed to ‘zero’ effective September 18. This marks its second ...

The Indian government has decided to scrap the windfall tax on domestically produced crude oil, effective. This decision ...

The government on Tuesday scrapped the windfall tax on domestically produced crude oil, set to take effect from September 18.

In July 2024, the federal government signed a new law embedded in the revised 2023 Finance Bill which mandated banks to pay a ...

The government on Tuesday slashed windfall tax on domestically produced crude oil to ‘nil’ per tonne. While the SAED on the ...

The Indian government has cut the windfall tax on petroleum crude to zero from 1,850 rupees per metric ton, effective from ...

The government reviews the windfall tax every fortnight, and the cut comes after a significant decline in crude prices. As ...

Nigeria's President Bola Tinubu introduced significant economic reforms, including the removal of fuel subsidies and the ...

The central government on Tuesday cut the windfall tax on domestically produced crude oil to ‘nil’ per tonne with effect from ...

The Centre has cut windfall tax on petroleum crude to zero from ₹1,850 per tonne, effective from September 18, a notification ...