Wed, Apr 19, 2023
Earlier today, the government reimposed a windfall tax of Rs 6,400 on domestically produced crude oil applicable from April 19, 2023. It scrapped the export duty on diesel and the windfall tax on petrol and aviation turbine fuel (ATF) continues to be zero.
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Tue, Jan 17, 2023
The Centre cut windfall tax on crude to Rs 1,900 ($23.28) per tonne from Rs 2,100 per tonne, effective January 17.
Wed, Nov 23, 2022
Oil & Gas Q2 Review, Upstream Companies, City Gas Distributors, Oil Marketing Companies, Gas Utilities: Similarly, Upstream companies such as ONGC and Oil India reported healthy earnings in Q2, with limited gains despite the windfall tax impact on oil realisation.
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