Production

India nearly doubles windfall tax on crude oil production

Special Additional Excise Duty on domestic production sharply increased from 1 January

Windfall tax: Indian Prime Minister Narendra Modi.
Windfall tax: Indian Prime Minister Narendra Modi.Photo: AP/SCANPIX
Middle East and South Asia EditorNew Delhi
IndiaCairn Oil & GasVedanta LimitedNarendra ModiONGC
Published 2 January 2024, 07:29Updated 2 January 2024, 11:13