RIL, ONGC: Will windfall tax hike dampen upside in oil-linked stocks?

The central Board of indirect taxes and Customs has raised windfall tax on petroleum, crude, and aviation turbine fuel effective from January 3

Avdhut Bagkar | Mumbai
Last Updated at January 4, 2023 11:58 IST

Shares of Oil companies extended decline Wednesday, after the central government hiked the windfall tax effective January 3.

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