Question

    What was the revised windfall tax on petroleum crude announced by the Indian government, effective August 17, 2024?

    A ₹3,000 per metric tonne Correct Answer Incorrect Answer
    B ₹2,100 per metric tonne Correct Answer Incorrect Answer
    C ₹4,600 per metric tonne Correct Answer Incorrect Answer
    D ₹1,500 per metric tonne Correct Answer Incorrect Answer
    E ₹2,500 per metric tonne Correct Answer Incorrect Answer

    Solution

    The Indian government revised the windfall tax on petroleum crude to ₹4,600 per metric tonne, effective August 17, 2024, as part of its fiscal adjustments related to international crude oil prices.

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