The government should scrap the windfall profit tax on domestically produced crude oil as the levy is adversely impacting the capex-intensive exploration of oil and gas, the industry said in its recommendation for the forthcoming annual Budget. India first imposed windfall profit taxes on July 1, joining a growing number of nations that tax super normal profits of energy companies. At that time, a Rs 23,250 per tonne ($40 per barrel) windfall profit tax on domestic crude production was levied.
Beer drinkers from around the world have gathered in Munich to celebrate the 182nd Oktoberfest.
His form in One-Day Internationals 'Bradmanesque', Virat Kohli wants to make "each and every remaining day" of his international career count.
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