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Finance Ministry to Review Windfall Tax on Fuel Exports as Crude Prices Stabilize

The Finance Ministry is set to review the windfall tax on fuel exports, including petrol, diesel, and Aviation Turbine Fuel (ATF), following the stabilization of global crude oil prices. The tax, introduced in July 2022, was implemented to address the substantial profits earned by oil refiners exporting fuel, which had an impact on domestic supplies. The review will assess the tax’s effectiveness and the revenue it has generated, with the Ministry of Petroleum and Natural Gas already re

Finance & Economics

28 Nov 2024 08:23 AM 1.08k views

Finance Ministry to Review Windfall Tax on Fuel Exports as Crude Prices Stabilize

The Finance Ministry is set to review the windfall tax on fuel exports, including petrol, diesel, and Aviation Turbine Fuel (ATF), following the stabilization of global crude oil prices. The tax, introduced in July 2022, was implemented to address the substantial profits earned by oil refiners exporting fuel, which had an impact on domestic supplies. The review will assess the tax’s effectiveness and the revenue it has generated, with the Ministry of Petroleum and Natural Gas already re

Finance & Economics

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- 1
- 2

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#russian-oil-supply

Finance Ministry to Review Windfall Tax on Fuel Exports as Crude Prices Stabilize

Finance Ministry to Review Windfall Tax on Fuel Exports as Crude Prices Stabilize

Jose Mourinho Receives Four-Match Ban, €42,000 Fine for Controversial Comments After Istanbul Derby

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Jose Mourinho Receives Four-Match Ban, €42,000 Fine for Controversial Comments After Istanbul Derby

​DC residents fear retaliation after U.S. airstrikes on Iranian nuclear facilities

Air India Cuts 15% International Flights After Crash

LSG May Sack Zaheer Khan After IPL 2025 Debacle

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Zelenskyy Counters Trump: India Mostly With Ukraine Calls For Stronger EU-India Ties

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#russian-oil-supply

Finance Ministry to Review Windfall Tax on Fuel Exports as Crude Prices Stabilize

Finance Ministry to Review Windfall Tax on Fuel Exports as Crude Prices Stabilize

Jose Mourinho Receives Four-Match Ban, €42,000 Fine for Controversial Comments After Istanbul Derby

​DC residents fear retaliation after U.S. airstrikes on Iranian nuclear facilities

Air India Cuts 15% International Flights After Crash

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DC residents fear retaliation after U.S. airstrikes on Iranian nuclear facilities

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