What Is Windfall Tax? Simplified for Everyone! ‪@ekamiasacademy_official‬
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YouTubeEkam IAS Academy
What Is Windfall Tax? Simplified for Everyone! ‪@ekamiasacademy_official‬
A windfall tax is a one-time tax imposed by governments on companies that earn unexpectedly high profits, often due to unforeseen circumstances like global price surges or supply disruptions. It targets industries like oil, gas, or mining that benefit disproportionately during economic or geopolitical events. The tax aims to redistribute excess ...
1.9K viewsDec 3, 2024
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