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Financial Markets

Windfall tax on crude petroleum slashed to zero

The government on Tuesday slashed windfall tax on domestically produced crude oil to 'nil' per tonne with effect from September 18. The tax is levied in the form of Special Additional Excise Duty (SAED) and is notified fortnightly based on average o

By: business-standard.com

Sep 18 2024
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Windfall tax on crude petroleum slashed to zero

Windfall tax on crude petroleum slashed to zero

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