Browsing Tag
fuel tax
EU agrees to tax windfall oil and gas profits amid ‘insane race’ to tame energy crisis |…
London
CNN Business
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EU governments agreed Friday to tax the windfall profits of oil and gas companies and to cap the revenues of some electricity generators as the cost of…
Germany unveils measures to tackle high energy prices | DW | 24.03.2022
The German coalition government has agreed to a set of temporary measures to help people in Germany deal with the high energy costs that have been exacerbated by the Russian invasion of Ukraine. The measures include a one-off energy…
States to forego Rs 44,000 crore from VAT reduction on fuels: Report
The states will forego around Rs 44,000 crore of tax revenue after they reduced VAT on petrol and diesel in the reminder of the fiscal but higher central tax devolution of Rs 60,000 crore will offset the losses, according to a report.
After…