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Published 03:01 IST, September 18th 2024

Windfall tax on crude petroleum slashed to zero

The tax is levied in the form of Special Additional Excise Duty (SAED) and is notified fortnightly based on average oil prices in two weeks.

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Windfall Gains Tax
Windfall Tax | Image: Pexels
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03:01 IST, September 18th 2024