Windfall Tax Hiked On Diesel, ATF Exports From Oct 31; Petrol Export Duty Cut To Zero
The Central government on Saturday increased the windfall gains tax on diesel and aviation turbine fuel (ATF) exports while reducing the levy on petrol exports to zero, effective Oct 31. The revised rates will remain applicable for the next fortnight, according to a notification issued by the Finance Ministry. The changes come amid continuing tensions in West Asia, which have prompted the…
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