
Windfall tax: Centre cuts levy on crude oil export to ₹13,000/tonne
The govt increases the export levy on diesel to ₹7 per litre from ₹5 per litre. The ₹2/litre export tax on aviation turbine fuel imposed again
The govt increases the export levy on diesel to ₹7 per litre from ₹5 per litre. The ₹2/litre export tax on aviation turbine fuel imposed again
Nirmala Sitharaman says international crude prices, diesel, petrol and ATF prices had risen sharply recently, and crude producers were making super normal profits
Amid the announcement, shares of three out of four oil producers and refiners are down. RIL stock is up 0.16%, while ONGC, GAIL, IOC are down by 1.39%, 1.77%, and 0.28%, respectively