Government Slashes Windfall Tax on Crude Petroleum by to 1,300 per Tonne [Read Order]

The Central Government has reduced the windfall tax on crude petroleum to Rs. 5,000 per tonne, marking a substantial decrease of Rs. 1,300.
Windfall Tax - Crude Petroleum - Central Government - windfall tax on crude petroleum - TAXSCAN

The Central Government has dropped the windfall tax on crude petroleum by Rs, 1.,300 per tonne to Rs. 5000 per tonne. The reduction in the windfall tax from Rs 6,300 to Rs 5,000 per tonne represents a substantial decrease of Rs 1,300. This move follows a pattern of adjustments in the tax rates, as demonstrated…

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