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India slashes windfall tax on crude petroleum

The central government has reduced windfall tax on crude petroleum, according to a government notif…

ANI   


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2 mins read

Govt hikes windfall profit tax on crude oil, cuts levy on diesel exports

The government on Tuesday increased the windfall profit tax on crude oil produced in the country an…

PTI   


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Govt hikes windfall tax on crude petroleum, cuts levy on diesel

The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…

PTI   


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Govt cuts windfall tax on domestic crude, export of diesel, ATF

The government on Tuesday cut special additional excise duty (SAED) on crude petroleum to Rs 9,050/…

PTI   


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Govt hikes windfall tax on domestic crude, reduces levy on export of diesel

As per the Gazette of India, the Ministry of Finance, Department of Revenue, issued two notificatio…

ANI   


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3 mins read

Why you should start your tax-saving investments now and not wait any further

If you have opted for the old tax regime, you have several tax-saving options to choose from. If yo…

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1 min read

Oil India's Q2 net profit drops 81% on tax provisioning

State-owned Oil India Ltd's second quarter net profit dropped 81 per cent on a one-time provisioni…

PTI   


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Windfall profit tax on crude oil hiked, levy on export of diesel cut

In the fortnightly revision of windfall tax, the government hiked the rate on export of diesel…

PTI   


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2 mins read

Stocks unlikely to be impacted by windfall tax removal

Windfall tax or the Special Additional Excise Duty (SAED) on domestically produced crude petroleum …

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1 min read

Windfall profit tax raised on export of diesel, Jet fuel

This was done after a fortnightly review on Wednesday, a Finance Ministry notification said. …

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2 mins read

The Biden administration wants to quadruple taxes on stock buybacks

Goldman Sachs estimates there will be a record $1 trillion worth of corporate stock buybacks in 202…

Matthew Fox   


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Govt removes windfall tax on crude oil production, cuts for diesel

The Central government has slashed windfall tax on crude oil production to zero from Rs 3,500 rupee…

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1 min read

The EU is pushing for Ukraine to see profits from frozen Russian assets as soon as July

Proceeds generated by Russian assets stuck in the EU could soon be used to by weapons for Ukraine, …

Filip De Mott   


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ONGC Q2 Results: Profit drops 30% to ₹12,826 crore as govt levies windfall tax

Profit fell 15.6 per cent over the preceding June quarter when it had reported Rs 15,205.85 cro…

PTI   


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Govt hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil

Govt hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil

PTI   


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Windfall tax on diesel export hiked to ₹1 per litre

The government has hiked the windfall profit tax on export of diesel to ₹1 per litre while the levy…

PTI   


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3 mins read

Biden is threatening a windfall tax on energy companies, after he slammed them for 'war profiteering'

Biden criticized major oil companies for making record-setting profits, while not boosting producti…

Huileng Tan   


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3 mins read

Biden is threatening a windfall tax on energy companies, after he slammed them for 'war profiteering'

Biden criticized major oil companies for making record-setting profits, while not boosting producti…

Huileng Tan   


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2 mins read

Bernie Sanders wants a 95% tax on big corporations' pandemic-era profits to bring down rising prices

Sanders's tax targets every US company making over $500 million in revenue. Amazon alone would owe …

Joseph Zeballos-Roig,Juliana Kaplan   


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Biden's threatened windfall tax on oil company profits could backfire and drive up crude prices, Larry Summers warns

"I think it would discourage investment in oil, which ultimately mean higher oil prices," former Tr…

Zahra Tayeb