India slashes windfall tax on petroleum crude

May 01, 2024

The central government has reduced windfall tax on crude petroleum, according to a government notification. The special additional excise duty (SAED) on crude petroleum...

Levy of SAED from July 1 accompanied by a mechanism of fortnightly review: Oil Ministry

Sep 20, 2022

New Delhi [India], September 20 : Ministry of Petroleum and Natural Gas (MoP&NG) on Tuesday clarified that the levy of Special Additional Excise Duty...