India hikes windfall tax on petrol, diesel and ATF exports from 3 August — Here's all you need to know

The Indian government has announced a hike in windfall tax on petrol, diesel, and air turbine fuel (ATF) exports, effective from 3 August 2026. The tax on petrol exports will be increased to ₹3.5 per litre from ₹2.5 per litre, diesel exports to ₹24 per litre from ₹15.5 per litre, and ATF exports to ₹22 per litre from ₹14.5 per litre.

These revisions are part of the Centre's fortnightly review of windfall taxes on petroleum products, which are imposed to ensure fair market conditions when refiners and producers benefit from unusually high gains due to elevated international energy prices.

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