Windfall tax on petroleum crude hiked to Rs 6,000 per tonne
The Union government has hiked windfall tax on domestically produced crude oil to Rs 6,000 per tonne from Rs 3,250 per tonne. Export duty on petrol and diesel, and aviation turbine fuel (ATF) will continue to be nil. The new rates are effective Tuesday Central Board of Indirect Taxes and Customs (CBIC) said in a … Read more
