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Government ends windfall tax on oil
The Business Guardian
|December 03, 2024
The windfall tax used to be revised every 15 days based on international crude oil prices after it was imposed in July 2022.
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The government on Monday withdrew the windfall tax levied on Aviation Turbine Fuel (ATF), crude products, petrol and diesel through a notification introduced in the Lok Sabha.
The withdrawal of the windfall tax is a big relief to the oil companies like Reliance and ONGC.
Denne historien er fra December 03, 2024-utgaven av The Business Guardian.
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