India raises windfall tax on petrol exports to Rs 3.5/litre, diesel to Rs 24/litre from August 3
· economictimes.indiatimes.com
The government has decided to raise the windfall tax on fuel exports, now charging Rs 3.5 per litre for petrol and a steep Rs 24 per litre for diesel. This increase is part of the Centre's routine assessment of petroleum taxes, aimed at taxing the high profits made by refiners amid rising global energy prices.
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