Finance Ministry Raises windfall Tax on Petroleum Crude to Rs. 6000 per Tonne [Read Notification]
The new windfall tax came into effect from 2nd July.
By Navasree A.M - On July 3, 2024 5:42 pm - 2 mins read
The Finance Ministry has notified the raise in windfall tax on the petroleum crude to Rs. 6000 per tonne from Rs. 3250 per tonne. The previous notification was issued on 14th June 2024, however the same is surpassed by this new notification dated 1st July 2024. The government raises taxes when the industry experiences gains….
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