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The deal on peace talks between America and Iran has been finalized (US-Iran Peace Deal Done) and after Donald Trump’s statement of lifting the blockade around Hormuz and reopening of the Strait of Hormuz, the oil and gas crisis in the world seems to be reducing. read more On the other hand, the government has…
New Delhi55 minutes ago copy link The government had started imposing windfall tax for the first time from July 1, 2022 on export of domestically produced crude oil. The government has reduced the Special Additional Excise Duty (SAED), i.e. windfall tax, on export of domestically produced crude oil. In its regular review, the government has…
The new rates are effective from August 17, an official notification said. The government has slashed windfall tax on domestically produced crude oil to Rs 2,100 per tonne The government has slashed windfall tax on domestically produced crude oil to Rs 2,100 per tonne, from Rs 4,600 per tonne with effect from Saturday. The tax…