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

For upstream oil PSUs, in the current windfall regime, realisations are not impacted until the price of $75 a barrel. However ...

Global benchmark Brent crude prices have fallen from over $92 per barrel in April to below $75 a barrel from over. On August ...

In the last fortnightly review on September 15, windfall tax on domestically produced crude ... The SAED on petrol will continue at nil. India first imposed windfall profit taxes on July 1 ...

The tailwinds for the business are possibly coming from the increased impetus on renewable energy in India over the last few years. In November 2021, Prime Minister Narendra Modi announced at the ...

By definition, a windfall tax is a special tax that governments impose on companies that have made unexpectedly large profits, usually due to favourable economic conditions or unforeseen events.

ITR concludes its World Tax rankings analyses with APAC, where India’s dynamism stood out in an otherwise stable region ...

That part may result in a windfall for India, which relies on imported crude oil for over 80% of its needs. India's total crude oil import bill rose 15% in the five months ending August to $60.6 ...

I have now retired and returned to India in May 2024. I will start receiving social security benefits from the next calendar year. Do I need to include this income in my Indian income tax return?

there are worse disasters that could befall the country than a €14 billion windfall. But it is certainly true that there are some downsides to the European Court’s judgment in the Apple tax ...

In India, companies that generate revenue are required to pay taxes on that revenue. The corporation tax rate may change based on the size and kind of the business to strike a balance between the ...