The government has cut windfall tax on domestically produced crude oil to ₹8,400 per tonne from…
Tag: domestic crude oil
Oil shoots over 3% as US crude stock adds to supply concerns, Brent over $96/bbl
Oil prices jumped 3 per cent on Wednesday, September 27, after official data showed that US…
Oil prices stable as economic growth concerns offsets tight supply
Oil prices held steady after a decline in initial hours on Tuesday, September 26, as investors…
The ‘Crude’ Question: Despite restricted supply, can oil sustain at $100/bbl?
Oil prices have now retreated to $93 per barrel as markets weighed supply concerns stemming from…
‘Crude’ impact on economy: Every $10 rise in Brent widens India’s CAD by 0.5%
The economic impact of global oil supply have important implications for India – a net importer…
Oil sears to 10-month high, set for weekly gain; Brent scores $94/bbl
Oil prices rose to a fresh 10-month high for the fifth straight session and were on…
Oil retreats from 3-month high peak, edges lower ahead of US Fed outcome
Oil prices retreated from their three-month high peak and edged lower on July 26, after US…
Government reduces windfall gain tax on domestic crude oil to zero
The government has reduced the windfall gain tax on domestically produced crude oil to zero. (Representative)…
Govt hikes windfall tax on export of diesel, ATF; Raises tax on domestic crude – Times of India
New Delhi: The government on Saturday increased the windfall profit tax. export of diesel 12 per…
Center cuts unexpected tax on oil to ₹10,500 per tonne
New Delhi : The government on Friday slashed the unexpected tax on the sale of domestic…