{
Finance Ministry

Companies

}
indian insurers request government for zero-coupon bonds to manage risks
Indian insurers are urging the government to issue new sovereign debt instruments, including zero-coupon bonds, to enhance their investment options. This request has been communicated to the Reserve Bank of India, which is in discussions with the Finance Ministry regarding the matter.
Bloomberg.com
Indian Rupee Reserve Bank of India Finance Ministry IND
Finance & Economy, Market Report
03:33 03.12.2024
government abolishes windfall tax on fuel and crude products
The Finance Ministry has abolished the windfall tax on aviation turbine fuel (ATF), crude products, diesel, and petrol, effective immediately as of December 2, 2024. This tax, imposed in July 2022 to capture revenue from rising global crude prices, included special levies on domestic crude oil production and exports of these fuels. The notifications regarding this withdrawal have been laid in Parliament.
Moneycontrol
Finance Ministry IND Show more
Finance & Economy, News Article
08:22 02.12.2024
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