India cuts windfall tax on crude oil output, diesel exports
Oct, 03, 2022 Posted by Gabriel MalheirosWeek 202240
The Indian government has cut a windfall tax on domestically produced crude oil to 8,000 rupees per tonne from 10,500 rupees per tonne from Sunday, after a decline in global oil prices.
India has also scrapped an export tax on jet fuel and halved export duties on diesel to 5 rupees per litre from Sunday, October 2, a government notification said.
Source: Terra
To read the full original article, please go to: https://www.terra.com.br/economia/india-corta-imposto-sobre-producao-de-petroleo-e-exportacoes-de-diesel,b7f55ee3577c9a023731aa213deba66fjg35nsnm.html
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