Government raises windfall tax on diesel and ATF exports while reducing petrol export levy for the upcoming fortnight.

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…

India has raised export taxes on diesel and jet fuel while cutting the gasoline levy as renewed US-Iran tensions tighten global fuel markets. 35-word social media lead text…

Government raises windfall tax on diesel and ATF exports while reducing petrol export levy for the upcoming fortnight.

India increased export taxes on diesel and aviation turbine fuel by Rs 7 per litre, while reducing the levy on petrol exports as global crude oil prices surged.

The ministry added that there will be no change in the existing duty rates on petrol and diesel cleared for domestic consumption. | India News

India has sharply increased export duties on diesel and jet fuel to respond to tightening global fuel markets driven by renewed disruption in the Strait of Hormuz.