Tag: Windfall tax

Recession Worries, Dollar Gains Sink Oil By 6% To 4-Week Lows

$12 Billion Bonanza For Centre From Windfall Tax On Crude Oil Firms

Posted on July 5, 2022 by Alex John

[ad_1] The tax increase will reduce the profits of Indian crude producers and oil exporters, Moody’s said. New Delhi: The windfall taxes on domestic crude oil production and fuel exports….

Windfall Tax Will Be Revoked Only If Oil Prices Fall By $40 A Barrel: Official

Posted on July 4, 2022 by Alex John

[ad_1] India to drop windfall tax if oil prices fall by $40 a barrel NEW DELHI: India will only withdraw its windfall tax introduced last week for oil producers and….