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WINDFALL PROFIT TAX
Oil India shares jump over 5%. What made Emkay upgrade the stock after Q1 resultsOil India shares jumped over 5% after strong Q1FY27 results prompted Emkay Global to upgrade the stock to ‘Buy’. The brokerage cited attrac...- $48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
- White House set to extend Jones Act waiver as Trump hunts for cheaper gasolineThe White House plans to extend a Jones Act waiver to reduce gasoline prices. This waiver increases shipping flexibility and eases transpor...
- Warren Buffett's way to distinguish a great investor from a lucky one. Which one are you?In a bull market, everyone looks like a genius. Warren Buffett, having just booked what he believed was the largest one-year gain any Ameri...
- How MTech alumnus’ gift turned into Rs 112 crore IPO jackpot for IIT MadrasA share gift from Indo-MIM founder and IIT Madras alumnus Krishna Chivukula is set to generate a Rs 112 crore windfall for the institute th...
- Rs 9,000 crore bet! Reliance Industries promoters increase stake by 0.5% in June quarterReliance Industries’ promoters increased their stake to 50.48% in the June quarter through market purchases worth an estimated Rs 8,500–9,0...
- RIL investors lose Rs 3.5 lakh crore this year. Can Q1 earnings bring the stock back to life?Reliance Industries investors have lost significant wealth this year. The company's stock has faced pressure due to various business segmen...
- RIL Q1 preview: Will strong O2C performance drive overall earnings growth?Reliance Industries is expected to post a steady June-quarter (Q1) performance, with brokerages projecting consolidated EBITDA growth of 4–...
- South Korea's AI tax windfall a 'golden window' for investment: LeeSouth Korea will use a tax revenue windfall from artificial intelligence chipmakers as a strategic source of investment, President Lee Jae ...
- Heatwave-hit London climate week spurs calls for faster actionLondon's climate week saw an event on extreme heat cancelled due to the venue being too hot, highlighting the urgent reality of global warm...
- Govt hikes windfall tax on petroleum crudeIndia also cut the windfall tax on diesel to zero from Rs 1.50 per litre effective March 1, the order showed. The tax on petrol and aviatio...
- Windfall tax on crude hiked to Rs 2,300 per tonneIn its last review on December 18, the government had sharply cut the windfall profit tax on crude oil produced in the country to Rs 1,300 ...
- India raises windfall tax on crude by Rs 1,000; removes taxes on diesel, ATFPetrol, Diesel Rates: India has significantly increased the windfall profit tax on crude oil from Rs 1,300 to Rs 2,300 per tonne. Simultane...
- 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....
- Windfall tax to continue for now; collections at Rs 25,000 cr this yearIndia 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 oil to Rs 1,900 per tonne from Rs 2,100 per tonneIt has also reduced levy on ATF to Rs 3.5 per litre from earlier Rs 4.5 per litre and has reduced export duty on diesel to Rs 5 per litre, ...
- Consultations on windfall tax an ongoing process: Oil MinistryThe government defended the imposition of windfall tax as "one of the measures which helps in dealing with the situation" that had arisen d...
- "A response to a dynamic situation": Oil ministry gives its view on windfall tax"Crude oil prices have witnessed extreme volatility in 2022. This has resulted in very high prices for end consumers at petrol pumps. Count...
- Tax windfall profitsThe mines ministry has done well to propose a windfall tax on minerals like iron ore.
- ONGC favours windfall profit taxPublic sector oil exploration major ONGC today said it is receptive to the idea of windfall profit tax on oil companies. The Left parties h...
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