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The tax is revised every fortnight based on the average crude price of the preceding fortnight
Commerce

Centre cuts windfall tax on crude oil

PGurus Newsdesk - 0
ONGC, Oil India to get relief as Centre cuts windfall tax on crude oil to Rs.3,250 per tonne Centre reduced the windfall tax on petroleum...
Windfall tax on aviation turbine fuel has also been cut which is expected to benefit the downstream oil refiners that export petroleum products
Commerce

Centre cuts windfall tax on crude oil; ONGC, OIL to gain

PGurus Newsdesk - 0
Govt slashes windfall tax on domestic crude oil from Rs.12,100/ tn to Rs.9,050/ tn The Central government has reduced the windfall tax on domestic crude...

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