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RELIANCE WINDFALL TAX
Government revises windfall tax on fuel exports from June 1New windfall tax rates on fuel exports take effect from June 1, 2026. Taxes are back on diesel and aviation turbine fuel after a period of ...- Israel, Iran war: Five EU finance ministers call for windfall profit tax on energy companiesUS-Israel Iran War: Five European Union nations are urging for a windfall tax on energy companies. This call comes amid soaring fuel prices...
- No windfall tax on diesel, ATF exports from Reliance SEZ: OfficialReliance Industries SEZ refinery will not face new export taxes on diesel and aviation fuel. This exemption stems from judicial pronounceme...
- Reliance SEZ export duty clarity key under India's fuel tax rejig: AnalystsIndia reimposed export duties on diesel and ATF, impacting refining margins and government revenue. A key uncertainty remains whether Relia...
- RIL, ONGC shares recover as government scraps windfall tax on key petroleum productsImplemented in July 2022, the windfall tax targeted the substantial profits earned by oil producers amid surging global crude prices. Relia...
- Govt scraps windfall tax on petrol, diesel exports; big relief for Reliance, ONGCThe government has abolished the windfall tax on aviation turbine fuel, crude products, petrol, and diesel after extensive deliberations. T...
- India considers scrapping windfall tax on crude oil: Relief for Reliance Industries and ONGC?India's finance ministry is considering removing the windfall tax on crude oil production due to a substantial drop in global oil prices. T...
- India cuts windfall tax on petroleum crude to zeroIn early may, the govt had slashed windfall tax on domestically produced crude oil to ₹4,100 per tonne from ₹6,400 per tonne.
- Govt reduces windfall gain tax on crude production, ATF and diesel exportIndia first imposed windfall profit taxes on July 1, joining a growing number of nations that tax super normal profits of energy companies....
- India cuts windfall tax on crude, aviation fuelThe tax on crude oil produced by local firms has been reduced to Rs 1,700 per tonne from the existing Rs 4,900 per tonne, as per government...
- Will taxing the windfall profits of oil giants fix countries' economies?There is fierce debate over whether imposing an extra tax on windfall profits to subsidize energy users would ultimately worsen the problem...
- Govt cuts windfall tax on crude oil, hikes taxes on aviation fuel, dieselThe government has maintained that the levy was introduced in view of the windfall gains made by the domestic crude producers and refiners ...
- Centre raises windfall profit tax on diesel, ATF export; hikes tax on domestic crude oilThe government also hiked the levy on domestically produced crude oil too by Rs 3,000 per tonne to Rs 11,000 in line with the hardening glo...
- India cuts windfall tax on crude oil to Rs 10,500 per tonneNew Delhi has cut cess on crude to Rs 10,500 per tonne, according to a notification from the Ministry of Finance. India has also lowered wi...
- Windfall tax cut on oil producers on expected lines; hike in levy on ATF, diesel exports surprises analystsAt the third fortnightly review, the government has increased the windfall profit tax on the export of diesel to Rs 7 per litre from Rs 5 a...
- Frequent tinkering of windfall tax creates uncertainty: Experts"Though certainly tinkering these rates frequently creates its own uncertainty, however considering the high level of prices (crude prices ...
- Oil stocks get a lift from cut in windfall taxes, RIL gains 2.5%The government on July 1 imposed an export tax on petrol, diesel and aviation turbine fuel (ATF) as well as a windfall tax on crude oil pro...
- India cuts windfall taxes on fuel exports as global prices fallNew Delhi reduced the windfall tax on diesel and aviation fuel shipments by Rs 2 a liter, and scrapped completely a Rs 6-per-liter levy on ...
- Reliance, ONGC’s credit quality can bear windfall tax, says Moody's“While profits generated from oil exports will fall because of windfall taxes, they will likely remain higher than the levels over April 20...
- Windfall tax on pvt oil cos unfair, says AmbaniMukesh Ambani is against the idea of windfall taxes on private refiners.
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