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The Economic Times
The Economic Times
Business

India cuts windfall tax on diesel, raises petrol tax from July

​India has lowered ​windfall taxes on exports of diesel and ​aviation turbine fuel as global oil prices ease, while raising the duty on petrol exports, according to ‌a government order.

The ⁠duty ⁠on diesel exports has been cut to Rs 8.5 ​per litre from Rs 14, while the aviation turbine ​fuel duty has been set at Rs 7.5/litre, down from Rs 12.5.

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