{"id":494953,"date":"2022-05-31T10:58:51","date_gmt":"2022-05-31T05:28:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=494953"},"modified":"2022-05-31T10:58:51","modified_gmt":"2022-05-31T05:28:51","slug":"do-not-see-government-slapping-windfall-tax-ongc","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/do-not-see-government-slapping-windfall-tax-ongc\/","title":{"rendered":"Do not see government slapping windfall tax: ONGC"},"content":{"rendered":"<p>MUMBAI: The government is not looking to impose any new tax on windfall gains that oil and gas producers earned from shooting energy prices, India&#8217;s top producer ONGC said on Monday.<\/p>\n<p>Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) reported bumper profits in the March quarter (when international prices soared to a near 14-year high of USD 139 per barrel) and record earnings in 2021-22, triggering talks of the government slapping a windfall tax.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: The government is not looking to impose any new tax on windfall gains that oil and gas producers earned from shooting energy prices, India&#8217;s top producer ONGC said on Monday. Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) reported bumper profits in the March quarter (when international prices soared to a near 14-year high of USD 139 per barrel) and record earnings in 2021-22, triggering talks of the government slapping a windfall tax.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-494953","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/494953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=494953"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/494953\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=494953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=494953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=494953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}