BREAKING NEWS
Karnataka retains Senior National Aquatic Championships title
Karnataka govt trying to curb Hindu festivals, alleges MP Kota Srinivas Poojary
Vintage to avant-garde: International Autoshow is back with its 3rd edition in Bengaluru
Gujarat: Eight drown in Meshwo river in Gandhinagar
Will continue to fight anti-national forces: Arvind Kejriwal as he walks out of Tihar
Udayavani.com “Nammane Krishna”: Broadcast of 9th Prize-Winning Reel
Port Blair renamed Sri Vijaya Puram
BJP constitutes ‘fact-finding committee’ on Nagamangala violence
Mangaluru: Man dies of snakebite after mistaking venomous Russell’s viper for non-venomous snake
Nurse fends off gang-rape attempt, cuts doctor’s private parts with blade in Bihar hospital
SC grants bail to Delhi CM Arvind Kejriwal in excise policy case
Locals complain of breathing difficulties, haze after suspected gas leak in Maharashtra’s Thane district
Afghanistan-New Zealand Test abandoned without a ball being bowled
3 more held over clashes between 2 groups during Ganesh idol procession in Nagamangala
Helicopter ‘theft’ in Meerut kicks up storm; Akhilesh takes dig at UP govt
Windfall tax on crude petroleum hiked to Rs 7,000/tonne
PTI, Jul 16, 2024, 9:36 AM IST
New Delhi: The government on Monday hiked windfall tax on domestically produced crude oil to Rs 7,000 per tonne, from Rs 6,000 per tonne.
The tax is levied in the form of Special Additional Excise Duty (SAED).
The SAED on the export of diesel, petrol and jet fuel or ATF, has been retained at ‘nil’.
The new rates are effective from July 16, an official notification said.
India first imposed windfall profit taxes on July 1, 2022, joining a host of nations that tax supernormal profits of energy companies.
The tax rates are reviewed every fortnight based on average oil prices in the previous two weeks.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Inflation moderated but we still have distance to cover: RBI Guv Das
Assamese actor Sumi Bora to surrender amid multi-crore stock market scam probe
Sensex declines by 398 pts, Nifty ends below 25K on profit taking in Tata Motors, RIL
SC to hear plea related to insolvency proceedings against ed-tech firm Byju’s on Sept 17
Markets decline in early trade after two days of rally
MUST WATCH
Latest Additions
After Shimla, protests in Mandi over unauthorised construction in mosque; police use water cannons, CM appeals for peace
Karnataka retains Senior National Aquatic Championships title
Karnataka govt trying to curb Hindu festivals, alleges MP Kota Srinivas Poojary
6 weeks after pregnancy too short to achieve requisite fitness for appointment in CAPFs: Delhi HC
Gastro problems could heighten Parkinson’s disease risk by 76%: Study
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.