The government has cut windfall tax on domestically produced crude oil to Rs 8,400 per tonne from Rs 9,600 per tonne with effect from Wednesday.
The tax is levied in the form of Special Additional Excise Duty.
Gold Rate
June 152026 - Time 10.30Hrs
The SAED on the export of diesel, petrol and jet fuel or ATF, has been retained at nil.
The new rates are effective from May 1, an official notification said. India first imposed windfall profit taxes on July 1, 2022, joining a host of nations that tax supernormal profits of energy companies.
The tax rates are reviewed every fortnight based on average oil prices in the previous two weeks.
LIVE | NEWS BULLETIN NAGPUR TODAY
तलाक के बाद शादी से मुकरा प्रेमी.. #nagpurnews #crime #latestnews
भरतवाड़ा में युवक की चाकू गोदकर हत्या.. #nagpurnews #crime #murdernews
महाविकास आघाड़ी ने भाजपा पर साधा निशाना #nagpurnews #MVA #Congress #PoliticalNews
रवि भवन के सामने ओला ड्राइवर का शव बरामद.. #nagpurnews #oladriver #death
सरेआम चाकू की नोक पर डिलीवरी बॉय से लूट.. #nagpurnews #crime #newsupdate
