Thu, Nov 28, 2024
The Finance Ministry would review the efficacy of windfall tax on the export of petrol, diesel and Aviation Turbine Fuel (ATF) as global crude oil prices have stabilised, sources said. Phenomenal profits made by some oil refiners on exporting fuel at the expense of domestic supplies had prompted the government to introduce an export tax on petrol, diesel and ATF in July 2022.
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Fri, Oct 04, 2024
India is bound to be impacted by the spillover impact of global developments, a central government official has said.
Tue, Oct 01, 2024
Brent crude slipped below $70, Brent crude fell by about 2.5%
Thu, Apr 18, 2024
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.
Tue, Apr 16, 2024
The Indian government has increased the windfall tax on petroleum crude from Rs 6,800 to Rs 9,600 per metric ton, effective April 16. This decision comes as part of the government's fortnightly tax revision, aimed at regulating the export of fuel by private refiners. While diesel and aviation turbine fuel remain exempt from the windfall tax, the recent adjustments signify efforts to balance domestic market supply and curb excessive exports.
Mon, Apr 15, 2024
What will be the future for Crude Oil amidst Israel-Iran Conflict? Will Gold prices increase further? What is special for the market in BJP's manifesto? Know from market expert Ajay Bagga...
Fri, Apr 12, 2024
Wed, Apr 10, 2024
Tue, Apr 09, 2024
Good news for MCX... Approval of Crude, Natural Gas Mini Contract Options from SEBI.. Launch of Crude, Natural Gas Mini Contract Options possible soon, know complete details in this video.
Crude oil prices climbed Rs 40 to Rs 7,219 per barrel in futures trade as participants widened their positions following a firm spot demand.
Mon, Apr 08, 2024
Fri, Apr 05, 2024
Thu, Apr 04, 2024
All-round rise in commodity market, shine of bullion and metal increased, crude oil continues to boil, Malaysian palm oil at 1.5 year high, robusta coffee at 16 year high, know complete details.
Windfall tax on crude: The petroleum ministry on Wednesday raised the windfall tax on domestically produced crude to Rs 6,800 per tonne from Rs 4,900 per tonne. However, the windfall tax remains zero for diesel and aviation turbine fuel (ATF). It is the fifth raise in windfall tax by the government since February.
Wed, Apr 03, 2024
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Mon, Apr 01, 2024
Thu, Mar 28, 2024
Wed, Mar 27, 2024
Tue, Mar 26, 2024
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