{
  "id": 14858527,
  "title": "Centre cuts windfall tax on diesel exports, raises levy on petrol",
  "url": "https://urgent.news/2026/10/16/centre-cuts-windfall-tax-on-diesel-exports-raises-levy-on-petrol",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T03:12:09.000Z",
  "source": {
    "name": "Live Mint",
    "slug": "live-mint",
    "url": "https://www.livemint.com/news/windfall-tax-diesel-exports-petrol-exports-atf-west-asia-war-crude-oil-prices-oil-marketing-companies-11792117561587.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Indian government has made changes to the windfall tax on diesel and petrol exports amid rising tensions in West Asia and increasing oil prices. The Centre has reduced the windfall tax on diesel exports from ₹16 per litre to ₹8.50 per litre, while raising the levy on petrol exports from ₹0.50 to ₹2.50 per litre. The levy on aviation turbine fuel remains unchanged at ₹10.50 per litre. The windfall tax was introduced to ensure domestic availability of petroleum products and prevent exporters from taking advantage of the price differential between domestic and international markets.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}