Windfall tax cut on petroleum crude oil: The government left the windfall tax on petrol, diesel and aviation turbine fuel at zero. The government revises tax rates fortnightly based on oil price fluctuations.
Windfall tax cut on petroleum crude oil: The government has cut the windfall tax on petroleum crude to 4,100 rupees ($50.14) per tonne from 6,400 rupees per tonne. Image: Reuters
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