The briefing
India reduced windfall taxes on diesel and aviation turbine fuel exports to 8.5 rupees/litre and 7.5 rupees/litre respectively, while raising the petrol export duty to 4 rupees/litre. The move reflects easing global oil prices and aims to balance domestic supply needs.
Original headline
India Hikes Windfall Tax on Petrol, Cuts Levy on Diesel, ATF Exports