Economic TimesLean R·
Windfall tax cut on petrol, diesel, ATF exports
India has lowered windfall taxes on exports of petrol, diesel and aviation turbine fuel with effect from Saturday, according to a government order.The duty on diesel exports has been cut to 24 Indian rupees ($0.2515) per litre from 25.5 rupees, while petrol duty has been set at zero rupees per litre, down from 3.5 rupees, the government order showed.The tax on aviation turbine fuel has been set at 19.5 rupees per litre from 22 rupees earlier.India first imposed windfall taxes in …
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