1India’s Increased Windfall Tax on Crude Oil and Diesel
India raises windfall tax on crude oil to Rs 3,300/tonne. SAED on diesel exports increased to Rs 1.50/litre. Windfall tax aims to capture unexpected industry profits. Taxes reviewed bi-weekly based on oil price averages. Global trend sees nations adopting windfall profit taxes. Understanding Windfall Taxes Crude Oil in India : India has joined a group … Read more