Mon, December 2, 2024
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
[ Mon, Dec 02nd 2024 ]: Bill Williamson
India's GDP misses expectations, but experts see limited market fallout
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Best Unsecured Personal Loans of 2024: Reviews, Fees, & Comparisons
[ Mon, Dec 02nd 2024 ]: Bill Williamson
The best business credit cards of December 2024
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Kenya Pays Over KSh 965.9m in Stipends, Arrears to More than 3,000 Medical Interns
[ Mon, Dec 02nd 2024 ]: Bill Williamson
BRICS, De-Dollarization, and the US Trade War: What's at Stake?
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Kuwait's Investment Landscape and Financial Resilience Explored at Exclusive Event
[ Mon, Dec 02nd 2024 ]: Bill Williamson
SG Enable, Zero Project host first Apac symposium on inclusive hiring and workplaces
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Digital Agriculture Mission: Centre asks states to make farmer IDs faster
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Traders' Diary: Lemon Tree, DMart, Cochin Shipyar .. over a dozen scrips on analysts' watchlists today
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Delhi HC to hear plea by BJP MLAs seeking CAG reports in Assembly
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Gold loans from banks surge, other personal loans see moderate rise
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Budget could wipe out 125,000 jobs in family businesses
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Australia's central bank says risks from non-bank lenders limited
[ Mon, Dec 02nd 2024 ]: Bill Williamson
NSE Indices launches Nifty India Railways PSU Index
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Financial and community hurdles slow geothermal energy development in Southeast Asia
[ Mon, Dec 02nd 2024 ]: Bill Williamson
China's 10-Year yield sinks to record low on bets that PBOC will ease
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Naspers' half-year profit nearly doubles on strong e-commerce and Tencent performance
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Why RBL Bank shares hit 52-week low, Bajaj Fin slip 1% in today's trade?
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Sales of homes above Rs 4 cr surge 38%, driven by Delhi-NCR and Mumbai
[ Mon, Dec 02nd 2024 ]: Bill Williamson
ASB cuts fixed mortgage rates, and term deposit r .. ember push for precious housing sale transactions
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Post-COVID life and China's tough economy pushes .. embrace 'wearability' and a more casual consumer
[ Mon, Dec 02nd 2024 ]: Bill Williamson
RBL Bank shares sink as partnership on co-branded credit cards with Bajaj Finance ends
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Finance capital increases its domination of healthcare
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Singapore cenbank fines JPMorgan $1.8 mln over misconduct by relationship managers
Sun, December 1, 2024
[ Sun, Dec 01st 2024 ]: Bill Williamson
Cenbank extends usance term for capital machinery imports
[ Sun, Dec 01st 2024 ]: Bill Williamson
Joe Biden begins long-awaited Africa trip to secure win against China
[ Sun, Dec 01st 2024 ]: Bill Williamson
KKR Real Estate Finance: Look For Further Yield Compression On The Preferreds
[ Sun, Dec 01st 2024 ]: Bill Williamson
Budget 2025: S'poreans can share their views from Dec 2 to Jan 12
[ Sun, Dec 01st 2024 ]: Bill Williamson
Hasina's allies have properties worth Tk 6,000cr in UK
[ Sun, Dec 01st 2024 ]: Bill Williamson
Bank lands in hot water over apparently hypocritical business practices: 'It's indefensible'
[ Sun, Dec 01st 2024 ]: Bill Williamson
XRP Tops $100B Market Cap, Reaches 2018 Levels, as Ripple's RLUSD Close to Approval
[ Sun, Dec 01st 2024 ]: Bill Williamson
Budget 2025: Singaporeans can share their views from Dec 2 to Jan 12
[ Sun, Dec 01st 2024 ]: Bill Williamson
Profit From The Past: Lessons from history for investing in cyclical stocks
[ Sun, Dec 01st 2024 ]: Bill Williamson
Trump names two of his in-laws, one Jewish and one Arab, to key diplomatic roles
[ Sun, Dec 01st 2024 ]: Bill Williamson
Over a year on, how is Capital Brief going?
[ Sun, Dec 01st 2024 ]: Bill Williamson
Tencent-backed WeDoctor revives Hong Kong IPO plan, sources say
[ Sun, Dec 01st 2024 ]: Bill Williamson
Major Adani investor GQG shares fall 13% after analyst downgrade
[ Sun, Dec 01st 2024 ]: Bill Williamson
Australia news LIVE: House values tumble as econo .. uggles; Michael Rowland leaves ABC News Breakfast
[ Sun, Dec 01st 2024 ]: Bill Williamson
Anthony Albanese reveals the alarming reason why Aussies are poorer in 2024
[ Sun, Dec 01st 2024 ]: Bill Williamson
HSBC starts search for next chairman: report
[ Sun, Dec 01st 2024 ]: Bill Williamson
Trump taps billionaire family member Massad Boulo .. senior presidential adviser on Arab affairs role
[ Sun, Dec 01st 2024 ]: Bill Williamson
ABIR To Sponsor Free Insurance Course
[ Sun, Dec 01st 2024 ]: Bill Williamson
Integrating ESG into risk management
[ Sun, Dec 01st 2024 ]: Bill Williamson
How do we spend less but still travel well?
[ Sun, Dec 01st 2024 ]: Bill Williamson
COP29 shows South-east Asia's energy transition n .. te finance; effective policies will catalyse that
[ Sun, Dec 01st 2024 ]: Bill Williamson
Asean governments face risk of fiscal strain from .. hange without policies to attract private capital
[ Sun, Dec 01st 2024 ]: Bill Williamson
Your money, the economy, taxes might change in 2025: Experts offer predictions

Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports

The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
The Indian government has eliminated the windfall profit tax on domestically produced crude oil, as well as on the export of aviation turbine fuel (ATF) and diesel. This decision was influenced by a decline in global oil prices, leading to the removal of the Special Additional Excise Duty (SAED) on crude petroleum, which was previously set at Rs 6,700 per tonne. Additionally, the export duty on diesel, which stood at Rs 6 per litre, and on ATF, at Rs 1 per litre, have also been scrapped. This move aims to adjust to the current market conditions where international oil prices have decreased, thereby reducing the financial burden on domestic oil producers and potentially stabilizing fuel prices for consumers.

Read the Full NDTV Article at:
[ https://www.ndtv.com/business-news/centre-scraps-windfall-profit-tax-on-crude-oil-aviation-fuel-petrol-diesel-exports-7153898 ]


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