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Govt hikes windfall profit tax on crude oil, cuts levy on diesel exports
The government on Tuesday increased the windfall profit tax on crude oil produced in the country an…
PTI
Windfall profit tax on crude oil hiked, levy on export of diesel cut
In the fortnightly revision of windfall tax, the government hiked the rate on export of diesel…
PTI
Windfall profit tax raised on export of diesel, Jet fuel
This was done after a fortnightly review on Wednesday, a Finance Ministry notification said. …
Bernie Sanders wants a 95% tax on big corporations' pandemic-era profits to bring down rising prices
Sanders's tax targets every US company making over $500 million in revenue. Amazon alone would owe …
Joseph Zeballos-Roig,Juliana …
Govt hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil
Govt hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil
PTI
Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato
Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…
'We're not about to fold': Janet Yellen says efforts are underway to package a $50 billion loan to Ukraine using frozen Russian funds
"I think we see considerable interest among all of our partners in a loan structure that would brin…
Filip De Mott
Govt hikes windfall tax on crude petroleum, cuts levy on diesel
The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…
PTI
Trump Media tumbles 18% after taking the first step towards unlocking early insider stock sales
The Truth Social parent company has filed to allow insiders, such as former president Donald Trump,…
Filip De Mott
Crypto miners are pulling in more money than ever as bitcoin shatters records
Crypto mining revenue hit $78 million a day on Monday, a new all-time high for the industry, accord…
Filip De Mott
Plans to seize Russian assets 'undermine' trust in the dollar and euro, Kremlin official says
Western plans to potentially use Russia's frozen assets to fund aid for Ukraine will be met with a …
Filip De Mott
Govt cuts windfall tax on domestic crude, export of diesel, ATF
The government on Tuesday cut special additional excise duty (SAED) on crude petroleum to Rs 9,050/…
PTI
Oil India's Q2 net profit drops 81% on tax provisioning
State-owned Oil India Ltd's second quarter net profit dropped 81 per cent on a one-time provisionin…
PTI
Here's what the Credit Card Competition Act could do to your airline miles and travel rewards
Airlines and travelers worry The Credit Card Competition Act could end frequent-flyer and rewards p…
Allie Kelly
Windfall tax on diesel export hiked to ₹1 per litre
The government has hiked the windfall profit tax on export of diesel to ₹1 per litre while the levy…
PTI
The phenomenon behind tumultuous prices
Prices of the humble tomato, an integral part of our diet, dominated through July because prices h…
Germany reportedly plans to cap surging electricity prices partially by taxing excess profit at power companies
Berlin is considering taxing 90% of the power profits that electricity companies make above product…
Carla Mozée
Biden's threatened windfall tax on oil company profits could backfire and drive up crude prices, Larry Summers warns
"I think it would discourage investment in oil, which ultimately mean higher oil prices," former Tr…
Zahra Tayeb
A new proposed tax on Big Oil's profit markups offers a solution for cash-strapped Americans
Big Oil has taken advantage of inflation to raise gas prices. Here's how a new piece of legislation…
Paul Constant
Reliance Industries stock gains nearly 1% after Q3 results
The oil-to-retail-to-telecom conglomerate's consolidated net profit of ₹15,792 crore or ₹23.34…