Govt slashes windfall tax on crude oil by over ₹1,300 per tonne
The Special Additional Excise Duty (SAED) on domestically produced crude oil was raised to ₹9,800 per tonne from ₹9,050 per tonne, effective from November 1.
domestic crude oil
December 2023
June 2022
Govt deregulates sale of domestic crude oil
The deregulation of domestic crude will further spur economic activities and incentivise investments in the upstream oil and gas sector.
