December 15, 2024 01:11 (IST)
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Finance Ministry to decide on scrapping windfall tax as crude prices decline, says PM's advisor

Finance Ministry to decide on scrapping windfall tax as crude prices decline, says PM's advisor

Oct 24, 2024, at 05:43 am

New Delhi: The Union finance ministry is expected to decide on scrapping the windfall tax on crude oil, as falling prices have made the levy less relevant, said Prime Minister’s advisor Tarun Kapoor, media reports said.

Govt removes windfall tax on petroleum crude

Govt removes windfall tax on petroleum crude

Sep 18, 2024, at 05:29 am

New Delhi: The Union government has reduced the windfall tax on petroleum crude to zero from Rs 1,850 per metric ton, effective September 18, according to a government notification issued on September 17.