An oil company executive argues that the UK's windfall tax on energy profits is causing irreversible damage to the North Sea ...

The boss of Enquest has slammed the windfall tax on oil and gas firms as doing “irreversible damage” to the industry and ...

The so-called windfall tax was implemented in May 2022 in response to soaring energy prices in the wake of Russia's invasion ...

Six banks have paid about N205.59bn as windfall tax in the 2024 financial year, indicating that attempts to lobby the government to reduce the tax failed. According to the audited reports filed ...

The new Oilfields (Regulation and Development) Bill, 2024, prevents new taxes on oil and gas firms, including windfall profits tax, and ensures fiscal stability to attract investment in India's ...

ISLAMABAD: The Federal Board of Revenue (FBR) has recovered Rs 23 billion from 16 banks on account of windfall tax under Section 99D of the Income Tax Ordinance 2001. The Sindh High Court (SHC ...

Pakistan government collected a total of Rs23 billion in windfall tax from 16 banks in a single day, a statement from the Finance Division said on Sunday. The development comes after the Sindh ...

Nigerian banks and the federal government, through the Federal Inland Revenue Service, have been enmeshed in disagreement over how much should be paid in a one-off foreign exchange windfall tax ...

The Finance Ministry has scrapped windfall tax on aviation turbine fuel (ATF), crude products, petrol, and diesel. The decision was formalized through notifications numbered 29/2024 and 30/2024 ...

Finance ministry is evaluating the relevance of windfall tax, a government source said on Thursday (November 28, 2024). Imposed in July 2022, the windfall tax is a special levy on domestic crude ...

The petroleum ministry has written to the finance ministry seeking removal of windfall tax on crude oil as the global crude oil prices have declined substantially compared to 2022 when the tax was ...