Windfall
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Amid rise in crude oil prices, government hikes windfall tax on diesel, ATF - Here's what it means
Business | Jul 16, 2026, 10:10 AM ISTThe ministry also said that there is no change in the existing duty rates on petrol and diesel cleared for domestic consumption.
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Govt scraps windfall tax on petrol, diesel, jet fuel exports
Business | Dec 02, 2024, 02:43 PM ISTThe decision to scrap windfall tax comes after nearly two months of deliberations. It will benefit the domestic producers that export the oil to other nations.
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Windfall tax on crude petroleum slashed to zero by govt, effective from September 18
Business | Sep 17, 2024, 11:45 PM ISTThe Indian government has reduced the windfall tax on domestically produced crude oil to zero, effective September 18. Previously set at Rs 1,850 per metric ton, the cut comes amid a drop in global oil prices and could lead to lower petrol and diesel costs.
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Government hikes windfall tax on domestic crude, cuts levy on export of diesel, ATF
Business | Sep 30, 2023, 07:54 AM ISTThe duty on jet fuel or Aviation Turbine Fuel will be reduced to Rs 2.5 per litre effective Saturday, from Rs 3.5 per litre currently. The SAED on petrol will continue at nil.
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Central Government slaps tax on petrol, diesel exports; imposes windfall tax on crude oil
Business | Jul 01, 2022, 02:54 PM ISTThe levy on crude, which follows record earnings by state-owned Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) and private sector Cairn Oil & Gas of Vedanta Ltd, alone will fetch the government Rs 67,425 crore annually on 29 million tonnes of crude oil produced domestically.
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NASA scientists map wind flow pattern on Mars, first for any planet: Study
Science | Dec 13, 2019, 12:03 PM ISTThe researchers, including those from the University of Maryland, Baltimore County (UMBC) in the US, reprogrammed probes aboard NASA's Mars Atmosphere and Volatile EvolutioN (MAVEN) spacecraft to collect wind measurements on the Red Planet.
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Windfall: Servant in Rajkot gets Rs 600 crore worth property from his employer
India | Jan 14, 2014, 02:09 PM ISTRajkot: In a generous gift for his 40 years of service, Gajraj Singh Jadeja, in Rajkot gave away property worth Rs 600 crore to his domestic help. Congress leader from Rajkot, Jadeja, passed away on
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India's first female KBC winner Fatima says, she never dreamt about this windfall
India | Nov 29, 2013, 10:07 AM ISTSaharanpur: In a non-descript village called Sansarpur of Saharanpur district in UP, lives Firoz Fatima, who has suddenly became a star among her people. In the seventh season of Kaun Banega Crorepati hosted by Amitabh