• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Centre Hikes Windfall Tax On Crude, Diesel And Jet Fuel

OMMCOM NEWS by OMMCOM NEWS
August 15, 2023
in Business
crude oil

New Delhi :  The government on Monday raised the windfall tax on domestically-produced crude, diesel and aviation turbine fuel (ATF) or jet fuel.

The windfall tax on crude oil will increase from Rs 4,250 to Rs 7,100 per tonne, according to a gazette notification issued on Monday.

It has also increased the levy on diesel from Rs 1 to Rs 5.50 per litre and on jet fuel from nil to Rs 2 per litre.

The new rates will be applicable from August 15 onwards, the notification said.

India had first imposed windfall profit taxes on July 1, 2022, joining a growing number of nations that tax the supernormal profits of energy companies.

The government revises windfall tax imposition on a fortnightly basis.

(IANS)

Tags: crude oilDiesel
ShareTweetSendSharePinShareSend
Previous Post

As Nation Celebrates 77th I-Day, The Story Of Odia Micropreneur‘Jayanti’ Inspires!

Next Post

PM Modi Hoists Tricolour At Red Fort

Related Posts

Business

India Should Focus On Atmanirbhar Innovation, Aims To Rank In Top Five AI Nations Globally: Scindia

October 5, 2025
Bitcoin
Business

Bitcoin Touches Record High Crossing $125,000

October 5, 2025
Business

NaMo Semiconductor Lab To Strengthen India’s Chip Design Ecosystem & Boost ‘Make In India’ Drive: Meity

October 5, 2025
Business

Swadeshi Campaigns To Help Domestic Textiles Demand Reach $250 Billion By 2030

October 5, 2025
Business

NSE Reduces Lot Sizes For Nifty 50, Other Index Derivatives From Oct 28

October 5, 2025
Business

KEPCO, KHNP To Spend Combined $26 Million In Lawsuits Over Dispute: Lawmaker

October 5, 2025
Next Post
Independence Day

PM Modi Hoists Tricolour At Red Fort

Independence Day

Country Is With The People Of Manipur: PM

Wildfire France

Over 3,000 People Evacuated Due To Wildfire In France

Khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.