Tag: windfall
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Domestic Crude: Govt hikes windfall tax on domestic crude, cuts levy on export of diesel, ATF
[ad_1] NEW DELHI: The government on Friday hiked special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne with effect from September 30.In the last fortnightly review on September 15, windfall tax on domestically produced crude oil was set at Rs 10,000 per tonne.Besides, the SAED or duty on export of diesel…
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Baby boomers to be stung in massive £90 billion tax grab leading to big windfall | UK | News
[ad_1] Baby boomers will pay a combined £90billion in inheritance tax as an expected surge in deaths and frozen thresholds mean more will be hit by death duty, figures show. Jason Hollands from broker Best Invest said people born at the height of the postwar baby boom would now be 76 with a number of…
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Centre hikes windfall tax on crude, diesel and jet fuel
[ad_1] Centre hikes windfall tax on crude, diesel and jet fuel [ad_2] Source link
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Side hustle: 27-year-old makes £21,000 windfall from her garage | Personal Finance | Finance
[ad_1] Ms Holmes added: “Since starting the business in January 2021, we have made £21,000, which is crazy to think about. Now we have a website, our following on social media is growing, and we have even received an order of 400 bath bombs from one customer! “December and January were quieter than we’d have…
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Govt Slashes Windfall Tax on Diesel by 80%, Removes Duty on ATF: Revision
[ad_1] By Malvika Gurung Investing.com — The Centre has continued to revise the windfall taxes on gains produced by domestic refineries and oil producers. In a recent announcement made by the finance ministry, the windfall profit cess on domestically produced has been raised slightly to Rs 4,400/tonne from Rs 4,350/tonne, coming under effect from March 4,…
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Report urges windfall tax to recover CEWS funds from large corporations – Winnipeg Free Press
[ad_1] OTTAWA – A new report by the non-profit organization Canadians for Tax Fairness says Canada should institute a windfall tax on all large corporations to help recover some of the public funds awarded to businesses during the pandemic. The report examines 37 publicly listed companies that received the Canada Emergency Wage Subsidy (CEWS), a…
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‘Record’ profits likely to spark renewed calls for windfall taxes | City & Business | Finance
[ad_1] The following week, rival BP is tipped to say its net profits for 2022 rose more than 25 percent to £7.6billion, having also benefited from higher energy prices. The bumper profits expected from Britain’s oil majors is likely to spark renewed calls for windfall taxes. Howard Cox, founder of campaign group FairFuelUK, said action…
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Centre Hikes Windfall Tax on ATF by 200%, Crude, Diesel: New Rates?
[ad_1] By Malvika Gurung Investing.com — The Centre has continued to revise the windfall taxes on gains produced by domestic refineries and producers at its fortnightly review. According to a notification issued by the Central Board of Indirect Taxes and Customs on Jan 2, the windfall profit cess on domestically produced will increase to Rs…
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Windfall tax increased on jet fuel
[ad_1] New Delhi, Oct 15 (IANS) The Centre on Saturday increased the windfall tax or Special Additional Excise Duty (SAED) on the production of crude petroleum from Rs 8,000 per tonne to Rs 11,000 per tonne with effect from October 16. Apart from this, the Centre also increased the SAED on the export of aviation…
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Government cuts windfall tax on crude oil
[ad_1] Government cuts windfall tax on crude oil [ad_2] Source link