scorecardresearchIndia cuts windfall tax on the export of crude oil, hikes for aviation fuel, diesel

India cuts windfall tax on the export of crude oil, hikes for aviation fuel, diesel

Updated: 02 Nov 2022, 08:34 AM IST
TL;DR.
However, the windfall tax on the export of aviation turbine fuel (ATF) has been hiked from 3.50 per litre to 5, and from 12 per litre to 13 for diesel.
FILE - A pump jack extracts crude oil at an oil field near wind turbines in Emlichheim, Germany, March 18, 2022. Most major countries are finding it easier to promise to fight climate change than actually do it. Experts tracking action to reduce carbon emissions say of the major economies only the European Union is close to doing what's necessary to limit global warming to a few more tenths of a degree. (AP Photo/Martin Meissner, File)

FILE - A pump jack extracts crude oil at an oil field near wind turbines in Emlichheim, Germany, March 18, 2022. Most major countries are finding it easier to promise to fight climate change than actually do it. Experts tracking action to reduce carbon emissions say of the major economies only the European Union is close to doing what's necessary to limit global warming to a few more tenths of a degree. (AP Photo/Martin Meissner, File)