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Windfall tax on petroleum products, crude isn't ad hoc: Sitharaman
short by Dharini Mudgal / on Monday, 5 September, 2022
Union Finance Minister Nirmala Sitharaman on Monday said windfall tax on petroleum products and crude is not ad hoc. She said that it's being charged in regular consultation with the industry. The tax rate and its resetting are done in complete consultations with the industry, she said, adding, "The very idea was implemented after taking the industry into full confidence."