India Hikes Windfall Tax on Fuel Exports | World Business Watch | WION

India has sharply increased windfall taxes on fuel exports as global energy markets remain under stress. The government has raised the export duty on diesel to 55.5 Rupees per litre from 21.5 Rupees, and on aviation turbine fuel to 42 rupees per litre from 29.5 Rupees. The objective is to discourage exports and ensure adequate fuel availability in the domestic market.

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