![As the government lowers the windfall tax on crude oil, Reliance Industries shares increase 1.5% and ONGC adds 2% intraday.](https://market-tracker.in/wp-content/uploads/2022/06/e22e1bd4-ffd41754-crude-oil_850x460_acf_cropped-1.jpg)
As the government lowers the windfall tax on crude oil, Reliance Industries shares increase 1.5% and ONGC adds 2% intraday.
On Thursday, the government reduced the windfall tax on locally produced crude oil and diesel exports, boosting the intraday share prices of Reliance Industries and ONGC by more than 1.5%. Shares of Reliance Industries began trading at Rs. 2,571 before rising more than 1.5% to reach an intraday high of Rs. 2,618. ONGC reached a…