India’s windfall tax a blow for oil and gas sector

State-owned producers such as ONGC and Oil India, as well as leading private-sector player Cairn Oil & Gas, are likely to be most affected

New wave: India is planning a windfall tax on domestic oil production
New wave: India is planning a windfall tax on domestic oil productionPhoto: AP/SCANPIX
Published 7 July 2022, 07:14Updated 7 July 2022, 13:53