What is Windfall Tax and Why are Countries Imposing it on the Energy Sector | IN FOCUS

Finance Minister Nirmala Sitharaman, defended the windfall tax imposed by the Centre on domestic crude oil producers, saying that it was not an ad hoc move but was done after full consultation with the industry.
In this program, we discuss in detail all the burning topics related to civil services examinations and the possible questions to be asked from them.
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#WindfallTax #WindfallProfitTax #EnergySector #DrishtiIasINFOCUS

[@Kumar-s_1_ques]

Thanks Mam 👌🙏
Correct option is (A).

[@ashishmehta7723]

An unexpected piece of good fortune....

[@Saubhaggya]

Both . It's obvious that imposition of tax will lead to rise in price

[@souvikghosh5087]

The government on April 3 increased windfall tax on crude petroleum to Rs 6,800/tonne from Rs 4,900/tonne. The new rates will be affective from April 5.
The tax is levied in the form of Special Additional Excise Duty (SAED).
Before this, the government on March 15 increased windfall tax on crude petroleum to Rs 4,900/tonne from Rs 4,600/tonne.

[@adityabirla1224]

Thank you ma'am 😊
The Answer is Option A. 1 only

[@km.pragati2550]

Option A is correct answer,
Thank you ma'am.

[@s.a.l.i.m.24]

Why not option C

[@vopsireang4353]

@@s.a.l.i.m.24 because the price of the product was already costly even before the tax was imposed. it is only after the price is high the windfall tax is imposed.

[@simransimran6180]

Tq mam..the correct answer is option 1 only

[@umeshrathod267]

C, Both 1 and 2

[@shivangipatel3213]

Thanks ma'am for giving your efforts, option a is right ans for given question

[@amaanqazibrand5145]

🌟Only 1st statement is right..✔

[@siddiquisuaiba2162]

A) because it is phenomenal tax imposed on few oil gase industrie like shell

[@s.a.l.i.m.24]

Why not option C

[@chithirakp221]

Option A

[@abinbaby6734]

Option A) 1 only

[@vloggingwithakanksha]

Option a... 1 only is correct

[@shubhmalik9918]

Thnak you team drishti

[@DrishtiIASEnglish]

Always welcome!

[@anshukumarisingh3540]

Thank you so much❤😊 team drishti

[@DrishtiIASEnglish]

Most welcome 😊 Anshu

[@anshukumarisingh3540]

Option A is ✅

[@Riya_thakur18]

Option a
Thank u mam

[@himanshugupta9586]

AnsA) 1 only

[@neelamkumari275]

option a

[@Diplomat957]

Answer is A

[@shubhamgupta1771]

Very informative video. Thanks mam 🙏

[@DrishtiIASEnglish]

Most welcome 😊

[@saumyashruti2228]

Team Drishti,
I think the correct option is C, i.e., Both but many have given answer A also.
Which is the right answer.
Please guide.

[@shrutirajput566]

option A

[@Itziyi]

A very nice information from drishti team .🙏🙏🙏

[@DrishtiIASEnglish]

Thanks a lot Belal ! We are glad that you liked it!

[@kanika6219]

Option a

[@rajcheggam4143]

Nicz explanation thankyou mam👍

[@tushitasinha6083]

A) 1 only.

[@sunidhichauhan888]

Thankyou ma'am 🙏

[@DrishtiIASEnglish]

Most welcome 😊 Sunidhi

[@gk.narendra-tetarwal]

nice

[@bethammadhureddy2663]

Nice explanation medam

[@DrishtiIASEnglish]

Thank you 🙂

[@vocabshorts.1]

Thanks mam

[@DrishtiIASEnglish]

Most welcome 😊

[@DaddysHere007]

(A) 1 only

[@sunidhichauhan888]

A

[@pradyutkumarchatterjee9290]

1

[@praveenmokashi4135]

Aa

[@akhilyadav4068]

Option A

[@rupalverma3174]

Option A) 1 only

[@gadcastsnature]

Option a

[@priyadharshini6565]

A

[@satishsharma3373]

Option A

[@iAbhishek96]

Option A

[@halfandfull3109]

Option A

[@FaizanKhan-mc3ri]

Option a

[@soumyasekhar4327]

A

[@aishuraju5830]

A

[@chirasmitapatra6120]

A

[@untoldsilentquotes]

A

[@RahulYadav-zm6ni]

A

[@tannusingh6088]

A

[@shashankshekhar901]

A