The Indian government has cut the windfall tax on petroleum crude to 4,600 rupees ($54.97) per metric ton from 7,000 rupees per metric ton, effective from August 1, a notification issued on Wednesday showed.
India revises windfall tax on petroleum crude every fortnight.
India Seatrade News delivers the most relevant, India-focussed expert news coverage on the shipping, ports and logistics sector. This includes news and updates on shipping markets, investments in ports and logistics infrastructure, coastal shipping, inland waterways and news from the government agencies. From breaking news, technological advances, to shipping activities, India Seatrade brings everything onto a single platform for you.
To find out more about the India Seatrade portfolio, visit www.indiaseatrade.com
To Advertise:
+91 9744277700 / +91 8304011974
office@indiaseatrade.com
Send your News: news@indiaseatrade.com
