Windfall Tax On Oil Retailers
- All
- News
-
Reliance Faces Windfall Profit Tax On Local Supplies Alongside Exports
The just-introduced tax on windfall energy profits of oil refiners like Reliance Industries is not only levied on the diesel they export but also on the supplies they make to fuel retailers within India, sources said.
-
Windfall Tax Cut On Diesel, Crude Oil And Jet Fuel Shipments
India has cut a windfall tax on diesel and aviation fuel shipments by 2 rupees a liter, according to a government notification.
-
Windfall Tax Review On Oil Retailers Likely After Sharp Fall In Global Crude Prices
A massive crash in refining margins of diesel, petrol and ATF coinciding with a cool-off in crude oil prices from their peaks in June has diminished the super-profits of refiners, a report said on Wednesday.
-
Reliance To Take A $12 Per Barrel Margin Hit From Windfall Tax
The windfall taxes imposed by the government on domestic crude oil production and fuel exports will hit ONGC's earnings severely while shaving off up to $12 per barrel in refining margins for Reliance Industries Ltd.
-
Windfall Tax Will Be Revoked Only If Oil Prices Fall By $40 A Barrel: Official
India will only withdraw its windfall tax introduced last week for oil producers and refiners if global prices of crude fall as much as $40 a barrel from present levels, Revenue Secretary Tarun Bajaj told Reuters on Monday.
-
Windfall Tax On Oil Firms To Compensate Most Losses From Excise Cut On Fuel
The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of the revenue that the government lost when it cut excise duty on petrol and diesel to cool soaring inflation, industry sources said.
-
Fuel Retailers Staring At Under-Recoveries, Says Petroleum Minister
With fuel prices remaining unchanged for almost two months despite a rise in cost, oil companies have started detailing under-recoveries or losses
-
Reliance Faces Windfall Profit Tax On Local Supplies Alongside Exports
The just-introduced tax on windfall energy profits of oil refiners like Reliance Industries is not only levied on the diesel they export but also on the supplies they make to fuel retailers within India, sources said.
-
Windfall Tax Cut On Diesel, Crude Oil And Jet Fuel Shipments
India has cut a windfall tax on diesel and aviation fuel shipments by 2 rupees a liter, according to a government notification.
-
Windfall Tax Review On Oil Retailers Likely After Sharp Fall In Global Crude Prices
A massive crash in refining margins of diesel, petrol and ATF coinciding with a cool-off in crude oil prices from their peaks in June has diminished the super-profits of refiners, a report said on Wednesday.
-
Reliance To Take A $12 Per Barrel Margin Hit From Windfall Tax
The windfall taxes imposed by the government on domestic crude oil production and fuel exports will hit ONGC's earnings severely while shaving off up to $12 per barrel in refining margins for Reliance Industries Ltd.
-
Windfall Tax Will Be Revoked Only If Oil Prices Fall By $40 A Barrel: Official
India will only withdraw its windfall tax introduced last week for oil producers and refiners if global prices of crude fall as much as $40 a barrel from present levels, Revenue Secretary Tarun Bajaj told Reuters on Monday.
-
Windfall Tax On Oil Firms To Compensate Most Losses From Excise Cut On Fuel
The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of the revenue that the government lost when it cut excise duty on petrol and diesel to cool soaring inflation, industry sources said.
-
Fuel Retailers Staring At Under-Recoveries, Says Petroleum Minister
With fuel prices remaining unchanged for almost two months despite a rise in cost, oil companies have started detailing under-recoveries or losses
