Windfall Tax
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Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
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Windfall Tax On Crude Petroleum Cut To Zero
The government on Tuesday slashed windfall tax on domestically produced crude oil to 'nil' per tonne with effect from September 18.
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Windfall Tax On Crude Petroleum Hiked To Rs 7,000 Per Tonne
The government on Monday hiked the windfall tax on domestically produced crude oil to Rs 7,000 per tonne, from Rs 6,000 per tonne.
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US Man Wins $400,000 Lottery Prize After Seeing Friend's Social Media Post
After taxes, he took home $286,001 of his winnings. There are still four $400,000 top prizes remaining in the game, which debuted in April.
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Centre Cuts Windfall Tax On Petroleum Crude, New Rates Effective From Today
India has cut the windfall tax on petroleum crude to 5,700 rupees ($68.34) per metric ton from 8,400 rupees with effect from May 16, according to a notification issued on Wednesday.
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Finance Minister Nirmala Sitharaman Defends Windfall Tax On Crude, Oil Product Exports
Finance Minister Nirmala Sitharaman on Monday defended the windfall tax on domestically produced crude oil and additional tax on exports of refined petroleum products, saying the levy has been imposed in full consultation with the industry.
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Facebook News Launched in UK; to Feature Content From Daily Mail, Financial Times, and More
Facebook News launched in Britain, delivering users of the world's leading social network-curated news content bought from traditional publishers that have struggled financially.
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Nirav Modi's Paintings May Fetch Up To Rs 50 Crore In Auction
Tax officials are hoping for a windfall with the auction on Tuesday of rare oil paintings that were once part of fugitive billionaire jeweller Nirav Modi's collection and have been seized by the government.
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US Taxpayers Get Refunds Twice After Error, "Don't Spend" Says Government
Taxpayers in the US state of Louisiana got an unexpected windfall when a computer error issued their tax refunds a second time, local media reported on Saturday.
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Falling Rupee To Give Rs 22,700 Crore Tax Gain To States: Report
The continuing plunge in the rupee, coupled with the rising crude prices, will give the states a windfall in tax revenues to the tune of Rs 22,700 crore over and above the budget estimates for the current fiscal, says a report.
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Apple Tax Case: EU Takes Ireland to Court for Not Claiming Windfall
"More than one year after the Commission adopted this decision, Ireland has still not recovered the money," EU Competition Commissioner Margrethe Vestager said.
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GST Is A Bonanza For Corporates, Says Kerala Finance Minister
GST may result in a windfall gain for corporates in the country instead of consumers getting the benefit, Kerala Finance Minister Thomas Issac claimed in Hyderabad on Monday.
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Donald Trump Administration Unveils Ambitious Tax Reform Plan
The Trump administration's proposal to slash tax rates on so-called pass-through businesses would deliver a windfall to investors in master limited partnerships and could offer a much-needed lift to this niche segment of the energy market.
-
Ireland to Join Apple in Fight Against EU Tax Ruling
Paradoxically, Ireland is determined not to accept the tax windfall.
-
China to Reap Alibaba Windfall as Tightens Up on Tax
China could make billions of dollars from taxing gains made by Alibaba employees who are free to sell their shares for the first time since its IPO.
-
Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
-
Windfall Tax On Crude Petroleum Cut To Zero
The government on Tuesday slashed windfall tax on domestically produced crude oil to 'nil' per tonne with effect from September 18.
-
Windfall Tax On Crude Petroleum Hiked To Rs 7,000 Per Tonne
The government on Monday hiked the windfall tax on domestically produced crude oil to Rs 7,000 per tonne, from Rs 6,000 per tonne.
-
US Man Wins $400,000 Lottery Prize After Seeing Friend's Social Media Post
After taxes, he took home $286,001 of his winnings. There are still four $400,000 top prizes remaining in the game, which debuted in April.
-
Centre Cuts Windfall Tax On Petroleum Crude, New Rates Effective From Today
India has cut the windfall tax on petroleum crude to 5,700 rupees ($68.34) per metric ton from 8,400 rupees with effect from May 16, according to a notification issued on Wednesday.
-
Finance Minister Nirmala Sitharaman Defends Windfall Tax On Crude, Oil Product Exports
Finance Minister Nirmala Sitharaman on Monday defended the windfall tax on domestically produced crude oil and additional tax on exports of refined petroleum products, saying the levy has been imposed in full consultation with the industry.
-
Facebook News Launched in UK; to Feature Content From Daily Mail, Financial Times, and More
Facebook News launched in Britain, delivering users of the world's leading social network-curated news content bought from traditional publishers that have struggled financially.
-
Nirav Modi's Paintings May Fetch Up To Rs 50 Crore In Auction
Tax officials are hoping for a windfall with the auction on Tuesday of rare oil paintings that were once part of fugitive billionaire jeweller Nirav Modi's collection and have been seized by the government.
-
US Taxpayers Get Refunds Twice After Error, "Don't Spend" Says Government
Taxpayers in the US state of Louisiana got an unexpected windfall when a computer error issued their tax refunds a second time, local media reported on Saturday.
-
Falling Rupee To Give Rs 22,700 Crore Tax Gain To States: Report
The continuing plunge in the rupee, coupled with the rising crude prices, will give the states a windfall in tax revenues to the tune of Rs 22,700 crore over and above the budget estimates for the current fiscal, says a report.
-
Apple Tax Case: EU Takes Ireland to Court for Not Claiming Windfall
"More than one year after the Commission adopted this decision, Ireland has still not recovered the money," EU Competition Commissioner Margrethe Vestager said.
-
GST Is A Bonanza For Corporates, Says Kerala Finance Minister
GST may result in a windfall gain for corporates in the country instead of consumers getting the benefit, Kerala Finance Minister Thomas Issac claimed in Hyderabad on Monday.
-
Donald Trump Administration Unveils Ambitious Tax Reform Plan
The Trump administration's proposal to slash tax rates on so-called pass-through businesses would deliver a windfall to investors in master limited partnerships and could offer a much-needed lift to this niche segment of the energy market.
-
Ireland to Join Apple in Fight Against EU Tax Ruling
Paradoxically, Ireland is determined not to accept the tax windfall.
-
China to Reap Alibaba Windfall as Tightens Up on Tax
China could make billions of dollars from taxing gains made by Alibaba employees who are free to sell their shares for the first time since its IPO.
