The Hindu·3 min read·medium
Government hikes windfall tax on diesel, ATF; cuts levy on petrol exports
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PTI✦AI Summary
The Indian government has increased windfall taxes on diesel and aviation turbine fuel exports while reducing the levy on petrol. These adjustments are intended to ensure domestic fuel availability amid ongoing geopolitical tensions in West Asia.
The government has increased the windfall gains tax on exports of diesel and ATF, while lowering the levy on petrol for the fortnight beginning Thursday (July 16, 2026).
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