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National

Q1: What is the new windfall tax on domestically produced crude oil in India?

A Rs 10,100 per tonne

B Rs 11,400 per tonne

C Rs 11,700 per tonne

D Rs 12,100 per tonne

ANS:D - Rs 12,100 per tonne

The Indian government has increased the windfall tax on domestically produced crude oil to Rs 12,100 per tonne, up from Rs 10,000 per tonne, effective from September 30, 2023.



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