{"id":523594,"date":"2022-09-21T10:41:57","date_gmt":"2022-09-21T05:11:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=523594"},"modified":"2022-09-21T10:41:57","modified_gmt":"2022-09-21T05:11:57","slug":"a-response-to-a-dynamic-situation-oil-ministry-gives-its-view-on-windfall-tax","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/a-response-to-a-dynamic-situation-oil-ministry-gives-its-view-on-windfall-tax\/","title":{"rendered":"&#8220;A response to a dynamic situation&#8221;: Oil ministry gives its view on windfall tax"},"content":{"rendered":"<p>Amid the heated ongoing debate around windfall profit tax, the government said on Tuesday that the levy was a &#8220;response to a dynamic situation and its design provides for recalibration based on market inputs and feedback.&#8221;<\/p>\n<p>The statement came on reports citing the ministry&#8217;s August 12 letter to the finance ministry seeking a review of the windfall profit tax on domestically produced crude oil.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid the heated ongoing debate around windfall profit tax, the government said on Tuesday that the levy was a &#8220;response to a dynamic situation and its design provides for recalibration based on market inputs and feedback.&#8221; The statement came on reports citing the ministry&#8217;s August 12 letter to the finance ministry seeking a review of the windfall profit tax on domestically produced crude oil.<\/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":[130,191,136],"tags":[],"class_list":["post-523594","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/523594","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=523594"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/523594\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=523594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=523594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=523594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}