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Top Headlines: Govt slashes windfall tax, Adani overtakes Tata, and more

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According to the Central Board of Indirect Taxes and Customs (CBIC) notification, it has cut the tax on domestically produced crude oil to Rs 10,500 a tonne from Rs 13,300 earlier.

BS Web Team New Delhi

3 min read Last Updated : Sep 17 2022 | 9:32 AM IST

The government on late Friday slashed windfall gains tax, lowering the duties and cess on domestic crude and export of aviation turbine fuel and diesel following a decline in international crude oil price. Gautam Adani’s red-hot streak on Dalal Street continues with his group of companies overtaking the ones under the Tata umbrella to become India’s most valuable conglomerate. Read more on these in our top headlines.

Govt slashes windfall profit tax on domestic crude oil, ATF, diesel export

The government on late Friday slashed windfall gains tax, lowering the duties and cess on domestic crude and export of aviation turbine

Topics : indian government Adani Group Crude Oil housing projects Top 10 headlines Top 10 biz headlines government policies Adani Foundation Crude Oil Price Tata Consumer Products cryptocurrencies

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