India raises windfall tax on diesel, ATF exports; cuts levy on petrol exports

India's government has adjusted windfall taxes on fuel exports, effective July sixteenth. The export duty on petrol has been reduced to two point five rupees per litre. Windfall taxes on diesel exports are now fifteen point five rupees per litre. Levies on aviation turbine fuel exports have also increased to fourteen point five rupees. These changes reflect the latest fortnightly review of export duties.

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