Centre slashes Windfall gains tax on domestic crude oil production to Rs 3,500 per tonne
Zee Business Video Team | Updated: March 22, 2023 10:21 am
Government officials have indicated that the windfall tax would be removed once oil prices fall by $40 per barrel from what it was in July 2022 at the time it was introduced. India first imposed windfall profit taxes on July 1 last year.
