Windfall Profit Taxes are Pure Economic Populism
Updated: 06 Sep 2022, 10:40 AM IST
TL;DR.By all means, tax profits. But set the rules in advance, not in retrospect, if you want anybody to invest ever again.
Windfall tax on crude has been reduced from ₹23,250 per tonne to ₹17,000 per tonne. (File image)