Rupee Hits Record Low 92.45 as Crude Stays at $100
– Advertisement – The Indian rupee just hit a new bottom. On Friday, March 13, the currency slumped to a record low of 92.45 against the US dollar. So, why the sudden drop? Brent crude is the culprit. Now, with oil sitting above $100 a barrel, investors are spooked. Actually, the fear of a widening […]
Windfall Tax New Rates: Government cuts windfall tax on fuel exports, increases duty on domestic crude
Fuel Tax Revised: In the notification issued by the government last night, new rates of windfall tax on crude, diesel and ATF have been given. This new order has come into effect from today i.e. Wednesday, August 3. The Central Government has cut windfall tax or windfall tax on diesel and ATF (jet fuel) last […]