Diesel fuel, Windfall Tax

Windfall Tax On Oil And Fuel Exports Withdrawn After 2.5 Years As International Energy Prices Stabilise
The government has officially withdrawn the windfall gains tax—imposed as a Special Additional Excise Duty (SAED) on crude oil production and exports of diesel, petrol, and aviation turbine fuel (ATF)—after nearly two-and-a-half years.
Windfall gains tax on oil production, diesel-petrol export removed: The impact, explained
Windfall gains tax” referred to cesses imposed on fuel exports and domestic crude oil production to tax super-normal profits of fuel exporters and oil producers. Here is what its removal may signal from the government.
Govt scraps windfall tax on ATF, crude oil products, petrol, diesel
Finance ministry on Monday announced the scrapping of the windfall tax or special additional excise duty (SAED) on aviation turbine fuel (ATF), crude
India scraps windfall tax on crude products, aviation fuel, petrol, diesel exports
India has scrapped a windfall tax on crude products, aviation turbine fuel, and petrol and diesel exports, a government order said on Monday. Reuters had reported on Thursday, citing a federal government source,
Government scraps windfall tax on crude oil, jet fuel, petrol and diesel exports
First imposed in July 2022, the windfall tax—formally known as Special Additional Excise Duty (SAED)—was introduced to capitalise on extraordinary profits earned by oil producers and exporters amid surging global crude prices driven by the Russia-Ukraine conflict.
Windfall gains tax on domestic crude production, export of petrol, diesel, ATF scrapped
Apart from taking a share of windfall profits of oil producers and fuel exporters to partly soften the blow of duty cuts on domestic petrol and diesel sales, the government also wanted to ensure enough fuel supply to meet domestic demand through these taxes.
India removes windfall profit tax on crude oil and fuel exports to boost energy sector
The Indian government has abolished the windfall profit tax on domestically-produced crude oil and fuel exports, benefiting companies like ONGC, Oil I
ONGC, Oil India, Reliance share price rise: Upsteam oil producers to benefit most from windfall tax being scrapped
Oil and Natural Gas Corporation , Oil India, Reliance Industries among othes saw their share price rise up to 3% durng the intaday trades on Tuesday. The removal of Windfall tax by the government is l
Government scraps windfall tax on crude, petrol, diesel exports
The government has revoked the windfall tax on crude oil and fuel exports, responding to industry demands amid falling international oil prices.
Mint Quick Edit | Windfall tax is gone but other fuel taxes need reform
India has dropped its windfall tax, relieving the oil sector of a distortive levy. That’s good riddance, but what the economy ...
Irish Independent on MSN3h
Apple windfall pushes tax take towards record €100bn this year
Ireland is on course to collect more than €100bn in tax this year, boosted by the Apple money windfall, exchequer figures show. The tax and spending numbers for November reveal that corporation tax ...
Irish Corporate Tax Revenues up 59% in Year to End-November on Apple Tax
November is by far the most important month for company returns when around a quarter of the year's corporate tax is paid.
Spanish Government Raises Windfall Tax on Santander, BBVA
Prime Minister Pedro Sanchez is heading into a major stand-off with the Spain’s biggest banks after slapping them with an ...