Government slashes windfall tax on diesel, ATF | The tax on domestic crude oil export has been reduced to Rs 1,700 per tonne from the existing Rs 4,900 per tonne, as per government notification. Tax on ATF has been reduced to Rs 1.5 per litre from Rs 5 per litre.
On Friday market was resilient courtesy Reliance. Reliance is most benefitted by higher crude prices and lower taxes at home.
- Windfall Tax On Crude Reduces To Rs 1700 From Rs 4900/tn
- Windfall Tax On Diesel Cut To Rs 5 From Rs 8/L
- Windfall Tax On ATF Cut To Rs 1.5 From Rs 5/L
- Windfall Tax On Petroleum Remains Nil
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