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India hikes windfall tax on petroleum crude, diesel

By Economic Times - 9 months ago
The Indian government has increased the windfall tax on petroleum crude Rs ​3,300 a metric ton from Rs 3,200 with effect from February 16, according to a notification released on Thursday. It will also increase a windfall tax on diesel, that had been reduced to zero, to Rs 1.50 a litre, the order showed.

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