India · English
Centre hikes windfall tax on petrol exports, cuts levy on diesel amid West Asia tensions
The Union government on Friday raised the windfall tax on petrol exports and cut the levy on diesel exports for the fortnight beginning October 16. The Special Additional Excise Duty (SAED), along with the road and infrastructure cess, on diesel exports has been reduced to Rs 8.5 per litre from Rs 16 per litre. The duty on petrol exports has been increased to Rs 2.5 per litre from Rs 0.5 per…
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