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Finance Ministry Considers Scrapping Windfall Tax

Reuters on MSN · 1d

India's finance ministry evaluating removal of windfall tax, govt source says

NEW DELHI (Reuters) - India's finance ministry is evaluating the relevance of windfall tax, a federal government source said on Thursday. Imposed in July 2022, the windfall tax is a special levy on domestic crude oil production, introduced after rising ...

India's finance ministry evaluating windfall tax, govt source says

The federal finance ministry will evaluate scrapping windfall tax on domestic crude oil output, Tarun Kapoor, adviser to the Indian prime minister, said last month. (Reporting by Nikunj Ohri, Writing by Sudipto Ganguly; Editing by Jacqueline Wong)

ABP Live on MSN · 1d

Finance Ministry Considers Scrapping Windfall Tax As Crude Prices Fall: Report

The finance ministry is reportedly currently assessing the relevance of the windfall tax, according to a Reuters report citing sources from the federal government on Thursday. Introduced in July 2022,

Republic Business on MSN · 1d

India To Abolish Windfall Tax? Here's All You Need To Know

The Finance Ministry is evaluating the relevance of the windfall tax, which was first imposed in 2022, said a federal government source, as told to Reuters. What Is India's Take On Windfall Tax? By the end of August 2024,

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Finance Ministry proposes 100% FDI in insurance sector

Proposed changes to insurance service provisions. The Finance Ministry's proposal also entails a provision for insurers to ...

2h

India plans to raise FDI limit to 100% in insurance, amend key provisions of 1938 Act

Finance ministry proposes amendments to Insurance Act of 1938, including raising FDI to 100%, seeking public comments by ...

India to Allow 100% FDI in Insurance Sector

India's finance ministry proposes to raise FDI limit in insurance to 100%, aiming to boost the sector's growth and expand ...

1h

PM sees women as drivers of country’s economic growth: FM

Union Finance Minister Nirmala Sitharaman emphasizes Prime Minister Modi's vision of empowering women as central to India's ...

5h

India Q2 FY25 GDP Growth Data 2024 updates Live: Economic growth slows to 5.4%

Get all real-time and latest live news on India’s Gross Domestic Product (GDP) growth in 2nd quarter of the 2024-25 Financial ...

9d

India's FY25 capital spending seen 5% below target, top ministry official says

India might undershoot its capex target of 11.1 trillion rupees for FY2025, a top finance ministry official said on Wednesday ...

4d

Inflation to ease, economic growth to accelerate in coming months: Finance Ministry

India's food inflation is likely to ease while the growth outlook for the economy is "cautiously optimistic" for the coming ...

Women-Led Economic Growth: A New Vision for India

Finance Minister Nirmala Sitharaman emphasized PM Modi's vision of women-led economic growth at a credit outreach program in ...

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