Question

    What significant action did the government take regarding the windfall tax on crude oil on September 18, 2024?

    A Increased it to ₹1,850 per tonne Correct Answer Incorrect Answer
    B Reduced it to ₹500 per tonne Correct Answer Incorrect Answer
    C Slashed it to nil Correct Answer Incorrect Answer
    D Set it at ₹1,000 per tonne Correct Answer Incorrect Answer
    E Raised it to ₹2,000 per tonne Correct Answer Incorrect Answer

    Solution

    The government decided to reduce the windfall tax on crude oil to nil on September 18, 2024.

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