National · National
India raises windfall tax on petrol, cuts duty on diesel
Source: The Hindu — National · 2 hr ago
Summary
India has increased the export duty on petrol to ₹2.5 per litre, up from ₹0.5 per litre. At the same time, the export duty on diesel has been reduced to ₹8.5 per litre, down from ₹16 per litre. The changes take effect on October 16.
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From the original report
The export duty on petrol was raised to ₹2.5 ($0.0263) per litre from ₹0.5 per litre, while the duty on diesel exports was cut to ₹8.5 per litre from ₹16 per litre, effective October 16, the order said.
Excerpt from The Hindu — National.
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