PoliticsFinancial Express
India hikes windfall tax on diesel, ATF exports sharply amid US-Iran war; cuts petrol levy
in5points
India increased windfall tax on diesel and ATF exports due to rising global crude prices and US-Iran tensions.
The government reduced petrol export duty as part of the same policy adjustment.
Changes to the windfall tax are effective from July 16.
The move aims to manage fuel exports during market volatility.
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Financial Express
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