India Slashes Windfall Tax on Fuel Exports, Reliance Jumps
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Article by:
Siddhartha Singh and Debjit Chakraborty - Bloomberg
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Date Published:
July 22, 2022
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Who was cited:
FGE
India slashed windfall taxes on oil companies less than three weeks after they were imposed, driving a rally in the shares of the nation’s No. 1 fuel exporter Reliance Industries Ltd. and top crude explorer Oil & Natural Gas Corp.
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