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via timesofindia.indiatimes.comPolitics

India raises windfall tax on diesel and ATF exports, cuts petrol levy to nil

FROM THE WIRE · TIMESOFINDIA.INDIATIMES.COM

NEW DELHI: Govt Saturday increased the windfall gains tax on exports of diesel and jet fuel (ATF), while slashing the levy to zero on petrol for the

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralGovernment change to fuel export levies, relevant for regional oil product markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Indian government increased the windfall tax on diesel and ATF exports.
  2. 02The petrol levy was cut to zero.
  3. 03The decision was announced on Saturday.

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