scorecardresearchWindfall Profit Taxes are Pure Economic Populism

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  <span class='webrupee'>₹</span>23,250 per tonne to  <span class='webrupee'>₹</span>17,000 per tonne. (File image)

Windfall tax on crude has been reduced from 23,250 per tonne to 17,000 per tonne. (File image)